API ID:
lido-dao
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
LDO
Token
1 Billion
Liquid Staking
December 2020
Lido DAO
Lido DAO (LDO) is the governance token of the Lido platform, which makes crypto staking simple. Instead of locking up tokens (traditional staking), users can stake through Lido and receive “staked tokens” they can still use in DeFi. LDO holders vote on decisions about fees, upgrades, and how the platform evolves. This token is for governance of the Lido DAO platform only.
A Deeper Dive
Technology & Use Case
The Lido DAO platform provides liquid staking: when you stake tokens like ETH, you get a staked version (stETH) back. This staked token earns rewards but can also be used in trading, lending, or DeFi apps. It solves the problem of traditional staking, where funds are locked and can’t be used elsewhere. LDO token is for governance of the Lido DAO platform only. Holders get voting rights. People that wish to stake must use the platform to stake their Ethereum in exchange for stETH?
Origins & Team
Lido launched in December 2020, created by a group of developers, investors, and staking experts including Konstantin Lomashuk, Will Harborne, Cobie (Jordan Fish), and Viktor Bunin. They formed the Lido DAO, a decentralized community that now governs the protocol instead of a central company.
Ecosystem & Partnerships
Lido supports staking across multiple networks, including Ethereum, Solana, and Polygon, with plans to expand further. Its staked tokens like stETH are widely integrated in DeFi platforms such as Aave, Curve, and Uniswap. By offering liquidity, governance, and broad partnerships, Lido has become one of the largest staking protocols in crypto.
A Deeper Dive
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