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Ethereum 2.0's tentative launch in September raises LDO's prospects of holding its gains.

DeFi degens are depositing ETH onto Lido Finance in exchange for stETH, in the hopes of redeeming it for more valuable ETH after The Merge.

Lido DAO (LDO) token has emerged as one of the top choices of the largest of the Ethereum (ETH) whales over the last 24 hours. This activity has helped the LDO tokens to register a whopping surge amid the tumbling crypto market.

LDO's price has been in an impressive 4-day rally.The trading volume for LDO has surged more than 400% over the past 24 hours.Should the price of LDO remain above the 9 EMA level, it will climb to new heights in this rally.

Bitcoin's price failed to sustain itself above $21K as the entire cryptocurrency market takes a breather following yesterday's rally.

Lido DAO led the altcoins in keeping the losses under control, keeping the value of all cryptocurrencies from falling down.

LDO price books a 45%+ monthly gain as the Ethereum network moves closer to completing its proof-of-stake upgrade.

DeFi tokens Lido and Aave are recovering alongside Ethereum and showed strong gains after the rise in on-chain user activity so let's read more today in our altcoin news. A few Defi tokens like Lido and Aave showed strong gains but also Uniswap and Curve also posted stronger gains in the past 24 hours.

Several DeFi tokens, including Aave and Lido, have shown strong gains following increased on-chain user activity.

Lido token surges 24% with the staked ETH slowly re-pegging and now it is stabilizing which prompted a rise in the native token so let's have a closer look at our latest altcoin news. Lido's token surges 24% in the past 24 hours, hitting a new high of $0.66 cents.

  Lido Finance [LDO], via a Twitter thread, informed community members of the performance of the DeFi Protocol between 17 June and 24 June. According to the thread, Lido recorded a 13% uptick in its Total Value Locked (TVL) within the period in consideration, thus bringing its TVL to $5.22 billion.

The vast majority of Lido token holders are currently voting against a self limit even as it nears 33% staking share.

Lido community members have begun debating whether the staking service provider should limit its share of staked Ethereum because of the systemic centralization risk this poses to the blockchain network. The post Lido community debates limiting staked Ethereum as centralization concerns grow appeared first on CryptoSlate.

After a month of debating the issue, the Lido DAO is voting on whether to dilute its Ethereum staking dominance. The post Lido DAO begins voting on whether to limit its Ethereum staking dominance appeared first on The Block.

Lido DAO may not be the most famous protocol or token in the crypto space, but at one point, it was worth much more than any other DeFi asset. Currently, the altcoin is exhibiting similar traits by leading the DeFi market out of the bears' territory.

LIDO wants to reform voting with a dual governance model on its platform and both LDO and stETH holders can have a say in the development decisions if this happens so let's read more today in our latest cryptocurrency news. The Lido community considers a new approach to protocol decision-making called dual governance and right […]

LDO and stETH holders could both have a say in Lido's development decisions.

After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn't.

stETH is a token representing staked Ether in the Lido Finance platform, combining the value of an initial deposit + staking rewards. A derivative token backed 1:1 by ETH.

While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and […]

Curious about staking Ethereum? This week's DeFi D.I.Y.

DeFi has the potential to transform the world of finance and empower investors to build their financial future without the intervention of a centralized institution. [...]

Lido Finance has decided not to support the new Terra blockchain when it launches, due to perceived risks. The post Lido Finance refuses to support Terra's new blockchain appeared first on The Block.

In this article, we will be looking into the Lido DAO to determine how it redefines staking on the Ethereum blockchain.