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Lido

A liquid staking solution that allows users to stake tokens while maintaining liquidity through stTokens that can be used across DeFi.
Distributed

Description

Lido is a self-custodial liquid staking protocol governed by the Lido DAO that provides liquidity for staked assets. Users who stake with Lido receive stTokens (like stETH) that represent their staked position plus accrued rewards. These tokens can be used throughout DeFi while still earning staking rewards. Lido also features a decentralized validator set and security through distributed node operators chosen by the DAO.

Grant Funding

VC Funding

OP
2021
2022

$30K

$335M

Technology & Skills

Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success