About Lido Dao (LDO)
Lido Finance is a staking solution provider which provides services for Ethereum 2.0, Terra, Solana and Kusama. Users who stake with Lido are able to maintain the control and liquidity of their staked tokens.
LDO is the native token of the project. The current use cases for LDO include:
- Governance: Users can vote for proposals to decide on key parameters such as setting fees, assigning node operators and oracles.
- Value Accrual: There is a 10% fee on staking rewards that are split between node operators, the DAO, and a slashing insurance fund. The Lido DAO accrues value through receiving 5% of all staking rewards in real-time.
- Liquidity Incentive: Users can provide liquidity to the liquid-staking tokens to receive LDO rewards.
LDO Market Information
LDO Circulating Supply：843,498,356 LDO
LDO Max Supply：1,000,000,000 LDO
LDO Total Supply：1,000,000,000 LDO
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Toobit does not take responsibility for any resulting direct or indirect losses.
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