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2020 saw the debut of Ethereum's beacon chain and Lido emerged to provide an ETH Liquid Staking Derivative

Renowned crypto trader and analyst, operating under the pseudonym DonAlt, has recently shared his perspectives on two major altcoins, Lido DAO (LDO) and Litecoin (LTC), which he currently finds interesting due to various market factors.

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Today's dynamic cryptocurrency market presents Tron (TRX), Kava, Curve DAO Token (CRV), Render Token (RNDR), NEO, and IOTA as top performers, while PepeCoin (PEPE), SUI.io, Mask Network (MASK), Stacks (STX), Lido Staked Ether (LDO), and Casper (CSPR) grapple with declines.

Lido protocol's governance proposes to begin staking LDO, the native token of the protocol. Daily activity on the protocol rises but revenue begins to fall.

Liquid staking protocol Lido Finance is looking to add a bit more utility to what is just a simple voting token. Here's how LDO could change.

MakerDAO surpasses Lido in terms of treasury holdings. However, its rise to the top remains hindered as Lido continues to outcompete MakerDAO in other sectors.

A popular crypto strategist is predicting a bounce for one memecoin that posted big gains in a single month as he updates his outlook on Bitcoin (BTC) and two altcoins.

Lido (LDO), the leading liquid staking derivatives (LSD) protocol, recently made waves in the crypto community by enabling staked ETH (stETH) withdrawals. Expectations were high as many anticipated a surge in stakers unstaking their ETH.

stETH withdrawals still have to be processed.

In a landscape as vibrant and volatile as the crypto market, today's top performers comprise of Mask Network (MASK), Render Token (RNDR), Ripple (XRP), Injective Protocol (INJ), Conflux (CFX), and Nexo (NEXO). On the flip side, we see a few heavyweights and a couple of upstarts grappling with the market's downward pull, including Lido (LDO), Axie Infinity (AXS), Optimism (OP), Sui (SUI), Arbitrum (ARB), Immutable X (IMX), and Chainlink (LINK).

According to Nansen, Lido Finance will send users an NFT as a Web3 receipt when the recipient submits a request to withdraw their staked ETH.

Lido Finance currently owns 31% of total Ether staked.

As Lido successfully processes withdrawal requests, its token prices begin to surge.

The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”

In a significant move this week, Lido, a popular Ethereum staking platform, unleashed the second version of its platform, Lido V2, allowing users to withdraw Ethereum (ETH) directly. This noteworthy advancement, along with the further decentralization of its network, demonstrates Lido's strategic drive toward providing an optimally secure and user-friendly staking experience.

Today's cryptocurrency market features Render Token (RNDR), Synthetix (SNX), Mask Network (MASK), Axie Infinity (AXS), Optimism (OP), and Lido DAO Token (LDO) as the top gainers. On the contrary, Pepecoin (PEPE), Conflux (CFX), Casper (CSPR), Ripple (XRP), Decentraland (MANA), and Toncoin (TON) are on the losing end.

Lido [LDO] outperformed the overall market, offering holders over 40% gains between 12 May -16 May. Will BTC's fluctuation reverse these gains?

Celsius, a bankrupt crypto lending firm, eagerly awaits the return of $1,824 in staked Ether from the liquid staking platform Lido, which recently enabled withdrawals. Celsius has begun withdrawing its Lido Staked ETH (stETH) from the protocol, requesting 428,084 stETH in 1,000-unit batches.

Embattled crypto lending firm Celsius is wasting no time in removing its stash of staked ETH (stETH) tokens from the liquid staking platform Lido. Lido has just enabled withdrawals, and Celsius could face a prolonged wait before it can get its hands on the staked ETH.

Celsius Company plans to retrieve its Ethereum (ETH) stash from the liquid staking platform, Lido. The stash, valued at $1,823, will be withdrawn in batches of 1K, totaling $784.7 million. Lido will burn st.ETH tokens while Celsius receives Ethereum. Currently, there are 141 withdrawal requests in the queue, totaling 442K st.

Celsius Network finds itself in a cold spot with $784 million worth of staked Ethereum locked in Lido's withdrawal queue. This situation highlights the complexities of staking and liquidity in the evolving landscape of cryptocurrency.

The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait.

In the fast-paced world of cryptocurrencies, Lido DAO (LDO) has made significant waves in the past week, experiencing an impressive surge of nearly 20%. Though the surge comes at a time the global crypto market is not deep in a downtrend, Lido's current rally can be attributed to two notable factors.