Lido DAO Token
LDO
Explore Lido DAO Token
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Investment Risk
Baseline risk
All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.
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Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
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Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
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Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
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Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens
Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
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Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
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Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.
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For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
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Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
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Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
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Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
About Lido DAO Token
LDO is the governance token of Lido, a liquid staking protocol. Lido supports liquid staking on multiple blockchain networks including Ethereum and Solana. LDO tokens are used to govern the Lido DAO, which oversees Lido’s development.
Resources
Lido DAO (LDO) is a decentralized autonomous organization that provides staking infrastructure for multiple blockchain networks, including Ethereum. Users have the opportunity to stake their Ethereum (ETH) and receive stETH (Lido staked ETH) tokens in return, which represent the user's staked ETH and potential rewards. The platform's native token, LDO, serves as the governance token for Lido DAO, allowing holders to participate in governance proposals and vote on key decisions. Lido DAO seeks to make staking more accessible to a wider range of users by pooling staked ETH from multiple users, eliminating the need for any technical expertise on behalf of users.
Lido DAO functions on the Ethereum network using smart contracts to handle user deposits and distribute potential rewards. Users have the opportunity to deposit their ETH into the Lido pool and receive stETH tokens in return. These tokens can be traded on secondary markets or used on other protocols, providing users with a more liquid form of staked ETH that can be used for other purposes. The platform's native token, LDO, also serves as the governance token for Lido DAO. LDO holders can participate in governance proposals and vote on key decisions, such as board adjustments, new integrations, and platform updates.
Lido DAO's goal is to simplify and optimize the staking process for Ethereum users. By pooling staked ETH from multiple users, it eliminates the need for technical expertise and the requirement to commit a minimum amount of 32 ETH to run a validator. This allows more people to stake their ETH and participate in the Ethereum network's consensus mechanism. Furthermore, the stETH tokens that users receive in return for their staked ETH can be traded on secondary markets or used on other protocols, providing a more liquid form of staked ETH. This opens up potential use cases in the DeFi space, where stETH tokens could be used as collateral in lending protocols or for yield farming.
Lido DAO was established in 2020 by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish. The organization was supported by a collective of financial firms and angel investors, including Semantic VC, ParaFi Capital, Libertus Capital, Bitscale Capital, StakeFish, StakingFacilities, Chorus, P2P Capital, and KR1.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Market
United Kingdom Market Stats
£1.5B
£52.9M
892.4M LDO
26 days
#53
£4.92
+1.05%
+8.59%
+1.45%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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Social
Some highlights about Lido DAO Token on social media
972 unique individuals are talking about Lido DAO Token and it is ranked #464 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Lido DAO Token has an average sentiment score of 3.3 out of 5. Finally, Lido DAO Token is becoming more newsworthy, with 0 news articles published about Lido DAO Token. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Lido DAO Token. There were 58.59% of tweets with bullish sentiment compared to 7.03% of tweets with a bearish sentiment about Lido DAO Token. 34.38% of tweets were neutral about Lido DAO Token. These sentiments are based on 128 tweets.
On Reddit, Lido DAO Token was mentioned in 130 Reddit posts and there were 252 comments about Lido DAO Token. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
972 people
#464
3.3 out of 5
128 people
58.59%
Bullish
34.38%
Neutral
7.03%
Bearish
130
252
1,269
1,358
Lido DAO Token Calculator
How much is 1 LDO?
LDO/CAD (Canadian Dollar)
CA$2.89
LDO/JPY (Japanese Yen)
¥334.97
LDO/INR (Indian Rupee)
₹176.52
LDO/BRL (Real)
R$10.83
LDO/EUR (Euro)
€1.98
LDO/NGN (Nigerian Naira)
NGN 2,792.30