$LDO
Lido DAO (LDO) is the governance token for Lido, a decentralized finance (DeFi) protocol focused on liquid staking. Lido enables users to stake Ethereum and other cryptocurrencies while maintaining liquidity through staking derivatives. The LDO token itself is used to participate in governance decisions within the Lido ecosystem, such as protocol upgrades and changes to staking parameters.
As of now, LDO has a market capitalization of approximately $2.16 billion, and its token is available for trading on major exchanges like Bitrue and DigiFinex. The token's current price fluctuates around $2, with a total supply capped at 1 billion tokens.
