Lido DAO (Wormhole) LDO

1. Summary

Ranks

Liquidity

-

Developer

-

Social

92

Momentum (beta)

0

Stack Rank™

-

Price

$0.94 -3.9%

Market Cap

$0.00 (#12188)

Supply

0.00 /

Tags

Binance Smart Chain Ecosystem Solana Ecosystem BNB Chain Ecosystem Wormhole Assets Terra Classic Ecosystem Bridged-Tokens

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Price
52W High price	$3.80
52W High date	11th Jan 2024 (1 year ago)
All Time High (ATH) Date	22nd Mar 2022 (3 years ago)
ATH Price	$33.96
% From ATH	-95.07%
All Time Low (ATL) Date	30th Jun 2022 (2 years ago)
ATL Price	$0.11
% From ATL	1448.02%

Supply & Trading Volume
Trading Volume (24h)	$341.00

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Description

Lido DAO (Wormhole)

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Lido DAO (Wormhole)

What Is Lido DAO? Lido DAO is a decentralized autonomous organization (DAO) offering a liquid staking solution on the Ethereum 2.0 blockchain and other platforms such as Polkadot and Polygon. It aims to simplify staking while remaining decentralized and accessible to a wide user base, empowering users to stake their assets and use them accordingly, supporting various crypto assets.

History and Governance Founded in December 2020 by Jordan Fish, Kasper Rasmussen, and others, the project expanded rapidly to other platforms like Terra and Solana in 2021. The Lido DAO is managed by its native LDO token holders, who can participate in voting and decision-making processes. The LDO token is traded on various exchanges and plays a central role in the governance and operation of the platform.

Key Features

• Liquid Staking: Provides users with liquid tokens, known as ‘stAssets’, which can be used in DeFi protocols without the need to lock up staked tokens.
• Multi-Platform Support: Supports staking on various platforms including Ethereum 2.0, Polkadot, and Polygon.
• Decentralized Governance: The governance and upgrades of the platform are collectively determined by LDO token holders.

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