Lido Overview

Tags
Decentralized Finance
Blockchains
EthereumPolygon
What is Lido?

Lido is a leading liquid staking platform that allows users to earn interest on their cryptocurrencies across multiple blockchains. The protocol is governed by the Lido DAO, which selects node operators, determines fees, and ensures security. Users receive a liquid token (e.g. stETH) that can be used across DeFi applications and even staked for additional yield. Lido supports Ethereum, Solana, Kusama, Polkadot, Polygon, and Terra.

Main Features
Liquidity for staked tokens
Simplified participation in staking
Support for multiple networks (Ethereum, Polygon, Solana)
Secure staking and earning rewards
Opportunity for passive income

Frequently asked questions

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