Lido operates as a liquid staking protocol where users deposit ETH into its smart contracts and receive stETH tokens in return, representing their staked ETH and rewards. These tokens remain liquid, allowing users to trade, transfer, or use them in DeFi applications. The protocol pools user deposits and delegates them to professional validators, ensuring efficient and secure staking while distributing rewards proportionally.

Is Lido a secure platform?

Lido prioritizes security through open-source smart contracts that are regularly audited and supported by a bug bounty program. It employs a decentralized network of trusted node operators to minimize risks like slashing or validator failure. Additionally, the governance of Lido is managed by the Lido DAO, ensuring transparency and community-driven decision-making for protocol upgrades and risk management.

To use Lido, visit its website, connect your wallet, and deposit any amount of ETH to start staking without a minimum requirement. In return, you receive stETH tokens that represent your staked ETH and can be used across DeFi protocols. Your stETH balance is updated daily to reflect earned rewards, and you can unstake by burning stETH when withdrawals are enabled on Ethereum.

What services does Lido offer?

Lido provides liquid staking for Ethereum, allowing users to stake ETH while maintaining liquidity through stETH tokens. It also enables participation in DeFi activities using stETH while earning staking rewards. Additionally, the platform offers decentralized governance through the Lido DAO and supports institutional staking solutions for large-scale ETH holders.

Free

DeFis

Try the power of Dedicated Nodes

No rate limits

99.9% Availability

Dedicated server

What is Lido?

Lido is a liquid staking protocol for Ethereum that allows users to stake ETH and receive stETH in return, which can be used in DeFi. The protocol is designed to be secure, decentralized, and resilient, with a focus on geographical and client diversity among its node operators. Lido has over 700 node operators and has paid out over $1.6 billion in rewards since 2020.

Benefits of using Lido

Using Lido, blockchain users can earn staking rewards while preserving liquidity through stETH tokens, which can be traded or used in DeFi protocols. The platform eliminates the need for technical expertise or expensive infrastructure by pooling ETH and delegating it to professional validators, making staking accessible to a broader audience. Additionally, Lido's decentralized governance ensures transparency and community-driven decision-making, enhancing user trust and protocol resilience.

Pricing start from:

Free

FAQ

Frequently Asked Questions

How does Lido work?
Lido operates as a liquid staking protocol where users deposit ETH into its smart contracts and receive stETH tokens in return, representing their staked ETH and rewards. These tokens remain liquid, allowing users to trade, transfer, or use them in DeFi applications. The protocol pools user deposits and delegates them to professional validators, ensuring efficient and secure staking while distributing rewards proportionally.
Is Lido a secure platform?
Lido prioritizes security through open-source smart contracts that are regularly audited and supported by a bug bounty program. It employs a decentralized network of trusted node operators to minimize risks like slashing or validator failure. Additionally, the governance of Lido is managed by the Lido DAO, ensuring transparency and community-driven decision-making for protocol upgrades and risk management.
How to use Lido?
To use Lido, visit its website, connect your wallet, and deposit any amount of ETH to start staking without a minimum requirement. In return, you receive stETH tokens that represent your staked ETH and can be used across DeFi protocols. Your stETH balance is updated daily to reflect earned rewards, and you can unstake by burning stETH when withdrawals are enabled on Ethereum.
What services does Lido offer?
Lido provides liquid staking for Ethereum, allowing users to stake ETH while maintaining liquidity through stETH tokens. It also enables participation in DeFi activities using stETH while earning staking rewards. Additionally, the platform offers decentralized governance through the Lido DAO and supports institutional staking solutions for large-scale ETH holders.

To update your project information on this page, please reach out to us.