Lido is trying a less decentralized Ethereum

Lido is a well-known fluid marking an answer for Ethereum and other blockchains It represents by far most of the fluid marking subsidiaries in the Ethereum biological system The head fluid marking arr...

Is Lido Making Ethereum Less Decentralized?

Key Takeaways Lido is a popular liquid staking solution for Ethereum and other blockchains. Lido accounts for the vast majority of liquid staking derivatives in the Ethereum ecosystem. As it’s s...

$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL – Defi Bitcoin News

While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms o...

Liquid staking protocol Lido allocates $6 million to Ethereum development

Lido Finance’s governance forum has passed a vote to support Ethereum protocol contributors via the Protocol Guild to the tune of about $6 million. The Protocol Guild is said to be a novel appro...

What Is Lido Finance And How Does It Work In 2022?

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75% Among New Stakers on Lido Finance Joined Through Staking Protocol 

The growth of staking on Beacon Chain is increasing because of the Ethereum Merge. Many stakers on the consensus layer have done so through Lido Finance.  The project in its recent blog post disc...

75% of New Stakers on Lido Finance Joined via Staking Project in Past Month

Staking on Beacon Chain has been booming due to the much-awaited Ethereum Merge despite delays. A major chunk of new stakers on the consensus layer have done so using Lido Finance. In the latest blog ...

Ethereum DeFi Giant Lido Plans Big Decentralization Push, Here’s How

Lido, one of the largest liquidity pools for Ethereum staking, said it plans to further decentralize its platform by lowering the requirements to become a validator. It will allow anyone to become a v...

Staking Project Lido Finance Surges As Ethereum Merge Looms

The native token behind Lido Finance surged more than 10% over the past 24 hours, jumping from roughly $4.25 to a peak of $4.82, according to data pulled from CoinMarketCap. LDO has since retraced som...

With Terms Of Overall Amount Secured Lido (LDO) Outperforms MakerDAO (MKR)

MakerDAO has a total value locked (TVL) of $17.5 billion on March 28, 2022. The value locked in MakerDAO at the beginning of March had increased by 8.69 percent. TVL in MakerDAO was $16.1 billion on T...

Analysing how Lido became the top ranked DeFi protocol, with TVL over $18B

Despite a plunge in the total value locked in decentralized finance in 2022, Lido Finance continues to see a spike in TVL since 1 March, 2022. It achieved one milestone after the other as the year pro...

Lido (LDO) Surpasses MakerDAO (MKR) in Total Value Locked

An increase in the number of tokens staked in the Lido protocol has seen the dApp surpass MakerDAO in terms of total value locked towards the end of March 2022. Lido has seen its total value locked (T...

New Milestone: Lido (LDO) Crosses $16 Billion in TVL

Lido is constantly surging in spite of a plunging cru\yptocurrency market, and have witnessed a surge in its Total Value Locked (TVL) since March. The dApp (Decentralized Application) has a Total Valu...

Lido (LDO) Surpasses $16 Billion in Total Value Locked (TVL)

Despite a plunge in the total value locked in decentralized finance (DeFi) in 2022, Lido Finance continues to see a spike in TVL since March 1, 2022. Lido Finance has been an essential part of the dec...

What Made Lido a Top ETH Staking Platform?

Lido is a platform built on Ethereum 2.0’s Beacon Chain. Users are rewarded with staking without locking up ETH and receive 1:1 in the token stETH, which they can further employ or leverage. In just 3...

a16z Announces Strategic Investment In Staking Platform Lido

Investment giant Andreesen Horowitz (a16z) has invested around $70 million in the decentralized Ethereum staking platform, Lido Finance, in a bid to move towards a more democratized staking model.  a1...

a16z invests in Lido | Invezz

Andreessen Horowitz is excited to invest in Lido, an effective, decentralized staking platform, according to a post on their website. According to the VC firm, Lido offers one of the easiest ways to s...

Andreessen Horowitz invests $70M in Ethereum staking protocol Lido

Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021.  Andreessen Horowitz’s investme...

3 reasons why Lido DAO Token could be on the verge of breaking its downtrend

Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition for the n...

Lido and Idle DAO launch new risk-adjusted ETH 2.0 staking products

Lido, a multichain liquid staking solution, and Idle DAO, a decentralized organization building financial products for Web3, have partnered to launch a novel DeFi primitive. The newly launched stETH P...