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What is Lido (LDO)?
Key Facts + Lido (LDO) Donation Stats

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:

How You Can Give Zakat in Crypto | The Giving Block How You Can Give Zakat in Cryptocurrency To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. Read more
What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
RESOURCES-What is Blockchain–why should you care | The Giving Block What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more