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One of the best performers of the month, Lido DAO, has exceeded expectations in matters of price recovery. Well, thanks to the wild volatility faced by the altcoin.

THORChain [RUNE], Lido Finance [LDO], and Synthetix [SNX] were the top performers on 3 August as the DeFi ecosystem steered the crypto market back to greens.  While others also recovered, the revival of these DeFi tokens was superior.

The three leading altcoins, Ethereum Classic (ETC), Filecoin (FIL), and Lido DAO (LIDO), have outperformed Bitcoin and other well-known cryptocurrencies to lead the altcoin market.

While Lido DAO led the altcoins towards a rally, Solana led the few cryptocurrencies that closed in red today with a 4% drop.

LDO price is up roughly 30% over the past day, gaining approximately 500% since mid-June.

LDO ‌remains one of strongest assets on market after 285% rally in recent weeks

This article is all about what is Lido Finance and how to stake lido finance. Let's take a look

It was a bullish month for DeFi coins, with Lido DAO among the front runners. Improving market conditions should see DeFi coins draw more interest.

Lido Finance has gone unnoticed recently, with Ethereum and its Merge keeping everyone at bay. Lido is making huge strides in the DeFi market with its liquid staking protocols now more attractive than ever.

Some altcoins performed well. This post is all about the top 5 cryptocurrencies that depicted good performance

Monday through Friday, market sentiment towards Fed monetary policy and crypto network news provided strong gains to several of the top 100.

Lido DAO Token [LDO] is back to doing what it has done for its investors—make their profits. The altcoin, also the native token of crypto staking provider, has been on top of performance in the last 24 hours.

With more than $7B worth of ETH staked on its protocol, Lido is the biggest payer in ETH staking space.

Lido DAO (LDO) keeps rallying despite economic storm

LDO has recently witnessed a growing bearish divergence between its price and key momentum oscillator.

Lido DAO, the governance forum for the Lido Finance project, has put forward a new proposal for selling LDO 10m tokens to crypto investment firm Dragonfly Capital, apparently with better terms.

Lido DAO's price has surged over the past 24 hours. CoinMarketCap shows that LDO's price is up 44.49% at the time of writing.

Lido DAO (LDO), the governance forum for the Lido Finance project, will once again vote on another proposal to sell LDO tokens to venture capital firm Dragonfly Capital.

Lido DAO, along with other altcoins, prevented the crypto market cap from falling further after having already lost the $1 Trillion mark yesterday.

The new proposal still calls for selling 10 million Lido DAO tokens to Dragonfly, but with a one-year lock-up this time around. The post Lido proposes new terms for treasury token sale to Dragonfly Capital appeared first on The Block.

As per the results of the snapshot, Lido DAO is in favor of the proposal needing more work.

The entire crypt market continued its downfall for the second day, with Lido DAO taking the lead in wiping out $92.2 Billion.

LidoDAO rejected the proposal to send LDO tokens to Dragonfly Capital which was a proposal aimed to secure a runway for the platform to carry out the functions in the protocol without having to worry about further fundraising so let's have a closer look in today's latest cryptocurrency news.

The community members of Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, have voted against a proposal to sell LDO 10m tokens to crypto investment firm Dragonfly Capital for DAI 14.5m.