Equity Details
Price & Market Data
Price: $0.339
Daily Change: -$0.00606 / 1.79%
Daily Range: $0.338 - $0.358
Market Cap: $288,002,779
Daily Volume: 6,827,676
About Lido DAO (LDO)
Uncover market data for Lido DAO (X:LDO). Price: 0.339, daily change: -$0.00606 / 1.79%. Market cap: 288,002,779. Performance from 1-week to 6-month.
Details
Lido DAO is an innovative decentralized autonomous organization that manages liquid staking on Ethereum 2.0. Its native asset, the LDO token, serves as the governance token, empowering holders to vote on key protocol parameters. The voting weight is proportional to the amount of LDO held, democratizing decision-making. Users stake ETH and receive stETH, a token that mirrors staked ETH while remaining liquid and earning staking rewards. Co-founded by Jordan Fish and Konstantin Lomashuk, Lido DAO balances centralization and decentralization, using an efficient mechanism, Easy Track, for routine governance. It reinvests service fees into research, development, liquidity mining incentives, and upgrades, fostering sustainable growth and flexibility.
