Whale’s Move From $RNDR To $LDO Sparks Market Activity

In the dynamic cryptocurrency market, Lido DAO (LDO) experienced a substantial 12% surge in the last 24 hours, reaching $3.6, while its market capitalization stands at an impressive $3 billion. Santiment’s recent revelation highlighted Lido DAO among the tokens witnessing a surge in address activity, indicating growing interest and participation since the beginning of the … Read more

Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.9 … Read more

30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week. Moreover, the project’s … Read more