Lido on Kusama Logo

Lido on Kusama

Lido on Kusama header image

1. Summary

Ranks

Liquidity
-
Developer
-
Social
94
Momentum (beta)
0
Stack Rankā„¢
-
Price
$28.63 0.0%
Market Cap
$0.00 (#6236)
Supply
/
Tags
Price
52W High price $67.84
52W High date 26th Dec 2023 (6 months ago)
All Time High (ATH) Date 22nd May 2024 (2 months ago)
All Time Low (ATL) Date 22nd May 2024 (2 months ago)
Supply & Trading Volume
Trading Volume (24h) $122.00
Description

Lido on Kusama is a liquid staking protocol built on the Kusama chain. This platform enables users to earn staking rewards on the Kusama chain without locking KSM or maintaining staking infrastructure. Lido on Kusama makes KSMs liquid while staking, ensuring maximized yield and availability of staking and making leverage options possible while bein...

Lido on Kusama is a liquid staking protocol built on the Kusama chain. This platform enables users to earn staking rewards on the Kusama chain without locking KSM or maintaining staking infrastructure. Lido on Kusama makes KSMs liquid while staking, ensuring maximized yield and availability of staking and making leverage options possible while being decentralized and secure.

Users can deposit KSM to the Lido smart contract, receiving stKSM or wstKSM tokens. Unlike staked KSM on the Kusama network, stKSM and wstKSM tokens are freely transferable, without liquidity limitations. Token balances correspond to the withdrawable KSM on the Kusama chain.

This functionality is achieved through permissionless validator node selection, dynamic reallocation algorithms, and slashing hedging deployed on Moonbeam parachain and empowered by the XC-20 cross-chain token standard.

Additionally, wstKSM is a wrapped version of stKSM, addressing the need for constant balance mechanisms in some DeFi protocols. wstKSM maintains a fixed balance and uses an underlying share system to reflect earned staking rewards.

2. Price

2.1. Market Performance

How does Lido on Kusama's () performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

%

147.1%

Similar Market Cap

3. Developer Activity

We're monitoring 136 Lido on Kusama GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Lido on Kusama Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 116

Most Active Repos

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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
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Past year

Top Developers 2024

In total, 52 developers have contributed to Lido on Kusama over the past year. Who are the most active Lido on Kusama developers, by commits, over the past year?

Related Projects

Developers working on Lido on Kusama also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users
Twitter followers 157,002
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://kusama.lido.fi/
Explorer https://moonriver.moonscan.io/token/0x3bfd113ad032...
Twitter @LidoFinance

What is the correct contract address for Lido on Kusama?

Moonriver 0x3bfd113ad0329a7994a681236323fb16e16790e3

Has Lido on Kusama been audited for security?

No security audits found for this project.

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