Data from WhaleStats reveals that Lido Finance’s token $LDO is the third most purchased token by the top 100 whales in the last 24 hours. The purchasing spree comes as LDO’s price falls by more than 6...
Tag: Lido
Staking Protocol Lido Unveils Expansion Plans on Ethereum Layer 2 Networks – crypto.news
The Lido development team has revealed plans to expand the protocol across several Ethereum Layer 2 scaling solutions. The team also confirmed that it would initially launch the offering on Optimism a...
Ethereum staking service Lido announces layer-2 expansion
Crypto staking service provider Lido Finance has announced plans to expand staked Ether (stETH) support across the ecosystem of Ethereum layer-2 (L2) networks. In a Monday blog post, the Lido team not...
Lido Finance to Sell $29 Million Worth of Tokens, Causing 20% LDO Drop
Arman Shirinyan Questionable proposal might ruin 200% rally LDO went through in last week Lido Finance launched voting for the “diversification” of an existing treasury in order to prepare...
Is AAVE on the way to surpassing Lido DAO’s $6.4b TVL
The biggest lending protocol AAVE successfully survived the April to June crash. Of late, the momentum of the market has changed. And, AAVE has been climbing up the price charts. In fact, the protocol...
Lido to launch liquid staking on Ethereum Layer 2 networks
Lido Finance is set to debut liquid staking on several Ethereum Layer 2 networks, the platform announced on Monday. Lido is a decentralized finance protocol (DeFi) for liquid staking of proof-of-stake...
Lido Brings Staked Ether to Layer-2s
The announcement comes days after Sept. 19 was announced as the target date for ETH’s Beacon Chain Merge “For Ethereum stakers, this means staking with lower fees and access to a new suite of DeFi app...
Lido Finance: A 7-day assessment of LDO reveals shocking…
Lido Finance is a leading DeFi protocol wherein users, for Lido Staked ETH (stETH) and a small percentage in yield, are allowed to deposit Ethereum. In its Lido Weekly Digest, published on 15 July, t...
ETH, Lido rally following update on Ethereum’s Merge as markets turn green
Flagship digital assets Bitcoin (BTC) and Ethereum (ETH) are in the green as their values rose to over $22,000 and $1,400 in the last 24 hours. According to data from Coinglass, over $300 million in s...
Lido DAO Rallied for 150% in Last 7 Days; Here Are Potential Reasons
Arman Shirinyan 150% price increase of LDO is not enough to cover losses it faced in last few months Lido DAO becomes the most profitable cryptocurrency in the top 100 digital assets by market capital...
Lido DAO most ‘overbought’ since April as LDO price rallies 150% in two weeks — what’s next?
The price of Lido DAO (LDO) dropped heavily a day after its key momentum oscillator crossed into “overbought” territory. LDO undergoes overbought correction LDO’s price plunged to as...
Lido DAO Price Shoots By 53% in Past 7 Days; Here’s Why
Lido DAO (LDO) token has emerged as one of the top choices of the largest of the Ethereum (ETH) whales over the last 24 hours. This activity has helped the LDO tokens to register a whopping surge amid...
Bitcoin Rejected at $21K, Lido (LDO) Skyrockets 20% Daily (Market Watch)
Bitcoin’s price failed to overcome $21,000 convincingly and is now found trading below that level. Most of the cryptocurrencies also retraced following a meeting with the range resistance. The most ev...
The Best Possible Integration of Friktion, Orca, and Lido
Ultimate integrates with Friktion Finance, a leading automated option protocol on the SOL blockchain ecosystem. This integration will allow Ultimate users to benefit from automated covered call sellin...
Lido DAO price moves higher as the Ethereum Merge moves a step closer to completion
The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transi...
DeFi Tokens Aave, Lido Rally Alongside Ethereum Recovery
Several Decentralized Finance (DeFi) cryptocurrencies including Aave (AAVE), Uniswap (UNI), Lido Finance (LDO), and Curve (CRV) have posted significant gains over the past 24 hours. AAVE, the native t...
Lido Token Jumps 24% as Staked Ethereum Slowly Repegs
Lido’s native token LDO has skyrocketed by more than 24% in the last 24 hours, hitting a weekly-high of $0.66 cents. Meanwhile, Lido’s Staked Ethereum token, called stETH, appears to have grown in va...
Lido Staked ETH (stETH) Close To Ethereum Price, Why It’s Good For Crypto
Lido Staked Ethereum (stETH) slowly repegs with Ethereum (ETH) as total staking assets rose on DeFi liquidity giant Lido. stETH-ETH peg has improved to 0.9778 with the stETH price trading closer to Et...
Lido Shut Down Terra Support, Starts bLUNA And stLUNA Withdrawal
Defi staking protocol Lido has started unwinding Lido on Terra Classic and the Anchor-stETH integration from today onwards. The shut down will happen in 4 stages to provide users with adequate time an...
Lido Community Seems To Be Against The Proposal To Limit Ethereum Staking
Lido, the liquid staking service, put forward a governance proposal last week focused on confining the amount of Ethereum that the users can stake after witnessing criticism from the crypto community....
Lido community strongly against limiting its Ethereum staking dominance
Lido DAO members have signaled their intent to maintain the platform’s dominance of the Ethereum 2.0 (ETH2) staking market as the majority of the community are voting against imposing a self-limit on ...
Lido Community Opposes To Limit Ethereum Staking, Here’s Why
The Lido community has voted to against the governance proposal limiting Ethereum staking on the Lido liquid staking protocol. The proposal has received 99% votes in opposition to self-limiting the pe...
Lido Community Signals Intent to Keep Ethereum Staking Uncapped
Last week, Lido put forward a governance proposal to limit the amount of Ethereum that users can stake after facing criticism from the crypto community. “Who will be the first staking provider t...
Lido DAO begins voting on whether to limit its Ethereum staking dominance
Lido DAO members are currently voting on whether the liquid staking protocol should take steps to reduce its dominance of its Ethereum 2.0 staking pool, the project announced on Friday. Lido Finance i...
Lido Votes Against Limiting Staking – Trustnodes
99.76% of Lido tokens that have currently voted, are against a self-limit on the amount that can stake on Lido, a liquid tokenized staking protocol. That translates to 63 million tokens voting against...
What Lido staking dominance may mean for Ethereum’s future
? Want to work with us? CryptoSlate is hiring for a handful of positions! Lido DAO token holders have commenced voting to determine whether the DeFi platform should reduce its staking pool. The vote i...
Lido community debates limiting staked Ethereum as centralization concerns grow
? Want to work with us? CryptoSlate is hiring for a handful of positions! Lido community members have begun debating whether the staking service provider should limit its share of staked Ethereum beca...
Lido Proposes Limit On Ethereum Staking, Here’s Why
DeFi platform Lido on Friday proposed a limit on the platform’s share of staked Ethereum, citing a potential systematic risk from the token, among other factors. In a governance proposal put forward o...
Did Lido DAO’s 42% rally trigger the DeFi market’s recovery
Lido DAO may not be the most famous protocol or token in the crypto space, but at one point, it was worth much more than any other DeFi asset. Currently, the altcoin is exhibiting similar traits by le...
Lido DAO Brings Forward Governance Transition Proposal
The Decentralised Autonomous Organisation (DAO) that administers Lido, and is the largest provider of staking services for Ethereum (ETH), has recently put forward a transition of its governing system...
Lido Seeks to Reform Voting With Dual Governance
Key Takeaways The Lido community is considering a new approach to protocol decision-making called “dual governance.” Currently, only LDO holders can vote on decisions; the new approach wou...