Lido on Kusama
1. Summary
- 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.
| Price | |
| 52W High price | $67.84 |
| 52W High date | 26th Dec 2023 (9 months ago) |
| All Time High (ATH) Date | 13th Oct 2024 (1 week ago) |
| All Time Low (ATL) Date | 13th Oct 2024 (1 week ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $41.00 |
How does Lido on Kusama's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
5.5%
Similar Market Cap
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 115
Most Active Repos
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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.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
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| Twitter followers | 157,002 |
No recent news found.
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... |
| @LidoFinance |
What is the correct contract address for Lido on Kusama?
| Moonriver | 0x3bfd113ad0329a7994a681236323fb16e16790e3 |
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Has Lido on Kusama been audited for security?
No security audits found for this project.
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