Lido Finance Warns Leverage Is a ‘Hell of a Drug’
After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t. Source
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Lido
No, Lido Is Not ‘the Next Terra’
“The price of [Lido] staked ETH prices in some risk of not doing the Merge, some risk of [Ethereum not allowing] withdraws, and some opportunity cost of having your ether locked up for along time,” Ben Edgington, product lead at Ethereum development firm ConsenSys, told CryptoX. Source
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Polkadot’s Moonbeam Adds Liquid Staking Giant Lido
“It was quite hard to develop because you have these two different blockchains that communicate, the relay chain and parachain, and you also need to redistribute the stake on different validators,” said Lomashuk in an interview. “So it took a lot of research, but has made a great addition to
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DeFi Platform Lido Votes Against Supporting New Terra Blockchain
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Staking Tool Lido DAO's LDO Token Climbs Ahead of Binance Listing
LDO surged 27% in the past 24 hours with most of the gains coming in Asian morning hours. Original Source
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Lido Briefly Becomes Top DeFi Protocol by TVL With $20B Staked
Lido Finance momentarily became the leading DeFi protocol by TVL on Wednesday, leapfrogging Curve. Source
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Here’s why the growth of token staking could be bullish for Lido (LDO)
Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until the full launch of the consensus layer. As a result, Lido (LDO) has established itself as a leader in the liquid
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$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL – Defi Bitcoin News
While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking
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Andreessen Horowitz invests $70M in Ethereum staking protocol Lido
Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is intended to further support the adoption of decentralized staking solutions for Ethereum 2.0, a spokesperson for the venture capital firm said.
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A16z Investing $70M in Ethereum Staking Provider Lido Finance
Venture capital firm Andreessen Horowitz (a16z) has invested $70 million in Lido Finance, a liquid staking provider that makes it easier to stake ether and other proof-of-stake (PoS) assets. The firm also used Lido to stake an undisclosed portion of a16z Crypto’s ether holdings on the Beacon Chain. Source
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