What is Lido (LDO)?

Discover the key facts about Lido (LDO).

About Lido

LDO is an ERC-20 governance token used on Lido, a liquid staking solution for proof-of-stake blockchains like Ethereum, Solana, and Terra.

Lido enables users to stake any amount of their ETH and other supported tokens, with no minimum deposit. Lido lets users stake their tokens to gain yield through collateral, lending, yield farming and more. LDO is also used to reward various DAO users and activities including grants, referral program payouts, and bug bounties.

Suggested further reading:

Lido Website

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