Lido DAO: everything you need to know about LDO
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Lido DAO facts
Abbreviation
LDO
Category
Liquid staking
Founder(s)
Konstantin Lomashuk, Vasiliy Shapovalov.
Blockchain
Ethereum, Solana, Polygon, others
Protocol
Proof of Stake (PoS) staking
Launch date
December 2020
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What is Lido DAO
Lido DAO is a decentralized autonomous organization that provides liquid staking solutions for various blockchain networks. It enables users to stake their crypto assets while still maintaining access to their funds by using a derivative token.
How does Lido DAO work?
With Lido, users can participate in staking without the restrictions that typically come with locking up their tokens. When you stake via Lido, you receive an stToken (for example stETH for staked ETH), which allows you to remain liquid and take advantage of further DeFi opportunities.
The LDO token.
The native token of Lido DAO is LDO. This token is used for governance within the DAO, which means that LDO holders can vote on important decisions within the Lido ecosystem.
The technology behind LDO
Lido uses smart contracts to manage the staked assets and issue derivative tokens. This is done in a transparent and secure manner, where users always have insight into the amount of staked assets and their returns.
The Lido DAO ecosystem.
The Lido ecosystem currently supports Ethereum, Solana, Polygon, and other emerging blockchain networks. The goal is to provide users with a simple way to stake, without requiring technical knowledge or large amounts of staked tokens typically needed for staking.
€1.07▼3.18%
Benefits of Lido DAO
- Users retain liquidity over their staked assets by receiving derivative tokens.
- Anyone can strike, regardless of the amount of tokens or technical knowledge.
- Lido supports multiple blockchains, giving users freedom of choice.
Disadvantages of Lido DAO
- Lido relies on smart contracts, which can be vulnerable to bugs or exploits.
- Although Lido is a DAO, the risk remains that certain validators may acquire too much power.
Who is the founder of Lido DAO?
Lido DAO was founded by a group of developers and entrepreneurs, including members such as Vasiliy Shapovalov and Konstantin Lomashuk, who are closely involved in the Ethereum and DeFi community.
Expectations for the upcoming period
Experts expect a minimum price of €3.33 in 2026 and a minimum price of €11.00 in 2031.
Lido DAO price in the last 24 hours
View all key statistics of the past 24 hours here.
€1.06
€1.13
€1.04
Market information
Use these figures to get a better picture of the Lido DAO market.
€171.2 million
€946.8 million
895.7 million
€6.25
Lido DAO Return On Investment
See how much the price has risen or fallen over the years.
Historical Lido DAO price
Here you can see Lido DAO's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
| Date | Price | Volume | Marketcap |
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Most popular crypto currencies today
Frequently asked questions
Lido DAO doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Lido DAO is €1.07.
You can easily buy Lido DAO on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Lido DAO and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of LDO is expected to continue rising steadily in the coming years. For instance, the price of Lido DAO is predicted to reach €2.87.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in LDO. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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