Lido DAO LDO
Report IssueLido DAO is a decentralized autonomous organization that governs the Lido protocol. It acts as a governance model for Lido, allowing users to have a say in the decision-making process. A DAO is designed to reduce risk without relying on a single centralized organization. It uses the treasury, which is generated by service fees charged on user transactions, to cover the costs of developing and improving the protocol.
Details
$0.861
+1.02%
#85
DeFi
ByBit 
Gate 
Score
Sentiment
Bullish 
Fundraising Statistics
$0.86 +1.02%
$0.73
Coinbase Ventures Tier 1
Delphi Digital (Delphi Labs... Tier 1
Jump Trading Tier 1 LDOLido DAO
USDCUSD Coin
Short Review Lido DAO
Crypto project Lido DAO (LDO) is classified as a DeFi. Lido DAO is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B LDO (Circulating Supply + Tokens yet to be released - Burned Tokens).
Lido DAO (LDO) price during the token sale: 0.73 USD.
LDO Price Chart
The launch of LDO token trading took place on 5 January 2021.
Total sold 100.00 M tokens (10.00% of total tokens). Total amount of funds raised by the Lido DAO project is $145.00 M.
Lido DAO Investors
Coinbase Ventures Tier 1 Delphi Digital (Delphi Labs) Tier 1 Jump Trading Tier 1
Paradigm Tier 1
a16z (Andreessen Horowitz) Tier 1
Digital Currency Group (DCG) Tier 2
Dragonfly Capital Tier 2
Robot Ventures Tier 2
The Lao Tier 2Lido cryptocurrency
Lido DAO differs from other cryptocurrencies in that it focuses on providing liquidity to the assets being delivered. It is a decentralized autonomous organization that manages the protocol, meaning that users do not need to trust one centralized entity. This significantly reduces user risks. Lido also stands out due to its commitment to increasing the accessibility and efficiency of staking in the cryptocurrency ecosystem, as evidenced by its ongoing contributions and engagement with the developer community. In addition, Lido offers users the ability to stake their ETH on various platforms to increase rewards, further increasing its attractiveness and usefulness.
