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LDO/USDT: Opportunity Time? š
LDO price dropped to $1.72, which could be an interesting entry point! š„ āāThe current correction (-13.8% in a day) is due to the general volatility in the crypto market, where most coins have fallen within 20% in recent days. š
However, it is worth paying attention to several factors:
Nearest support: $1.70, from which the price may bounce. šŖ
Indicators: Oscillators such as StochRSI point to an oversold condition, which opens the way for a reversal. š
Volumes: Current selling volume is decreasing, signaling that bearish pressure is easing. š»ā¬ļø
This could be an opportunity for a short-term trade, especially if you believe in the potential of DeFi, which is supported by Lido (LDO). š¼āØ
#LDO #defi #CryptoSignal #LDO.ęÆę„ęŗč½ēē„ #Lido $LDO
LDO price dropped to $1.72, which could be an interesting entry point! š„ āāThe current correction (-13.8% in a day) is due to the general volatility in the crypto market, where most coins have fallen within 20% in recent days. š
However, it is worth paying attention to several factors:
Nearest support: $1.70, from which the price may bounce. šŖ
Indicators: Oscillators such as StochRSI point to an oversold condition, which opens the way for a reversal. š
Volumes: Current selling volume is decreasing, signaling that bearish pressure is easing. š»ā¬ļø
This could be an opportunity for a short-term trade, especially if you believe in the potential of DeFi, which is supported by Lido (LDO). š¼āØ
#LDO #defi #CryptoSignal #LDO.ęÆę„ęŗč½ēē„ #Lido $LDO
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$LDO WXY formation š
#ldo #USJoblessClaimsDrop
#ldo #USJoblessClaimsDrop
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"LDO ā for me, this is the top currency! š¤ It always surprises me with its dynamics: when I buy ā it goes up, when I sell ā it goes down. Classic swings, but it's really cool! š¢š„ If you are not yet familiar with this crypto, try starting with a small amount to minimize risks. šš LDO is associated with the Lido project, which specializes in staking. šš” Go for it!"#LDO.ęŗč½ēē„åŗšš #Lido
#LDO/USDTš #Lido #TrendingInvestments $LDO
#LDO/USDTš #Lido #TrendingInvestments $LDO
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š
Artificial Intelligence #AI and #memes were OBVIOUS narratives in 2024.
But what are the NEW narratives that could dethrone them in 2025?
Discover #DeSci and Layer 2 LSDs.
1/ What is DeSCI? (Decentralized Science)
DeSCI is a movement that seeks to transform the way science is conducted, shared, and funded by leveraging blockchain technology.
In the traditional model, researchāsuch as developing new medicationsādepends on large institutions and centralized funding sources with their own agendas.
They aim for PROFITS by treating symptoms, not curing people.
With DeSCI, scientists can directly fund their projects by connecting with the community without intermediaries.
This fosters innovation and builds trust in results by removing intermediaries and ensuring everything is verifiable on the blockchain.
This approach will allow for new ways to research real-world problems such as cancer, diabetes, global warming, pollution, and many others without the need for governments or multinational corporations to censor what benefits them.
2/ What is L2LSD? (Layer 2 Liquid Staking Derivatives)
This narrative combines two key concepts:
- Layer 2 (L2), which makes transactions faster and cheaper,
- And LSDs, which are tokens that represent cryptos in staking but can still be used while continuing to generate rewards.
For example, you can obtain your stETH (Staked Ethereum; an LSD) on a platform like #Lido and move it to a Layer 2 like #Arbitrum to take advantage of its low fees and speed, and reinvest that stETH.
With this method, you can use your stETH to:
1. Restake and provide liquidity on Uniswap.
2. Collateralize loans on Aave
3. Trade futures on GMX
4. Reinvest to maximize earnings on platforms like BeefyFinance.
If you found this post useful, please like, repost, and follow me @Ivan Prats - Thank you!
But what are the NEW narratives that could dethrone them in 2025?
Discover #DeSci and Layer 2 LSDs.
1/ What is DeSCI? (Decentralized Science)
DeSCI is a movement that seeks to transform the way science is conducted, shared, and funded by leveraging blockchain technology.
In the traditional model, researchāsuch as developing new medicationsādepends on large institutions and centralized funding sources with their own agendas.
They aim for PROFITS by treating symptoms, not curing people.
With DeSCI, scientists can directly fund their projects by connecting with the community without intermediaries.
This fosters innovation and builds trust in results by removing intermediaries and ensuring everything is verifiable on the blockchain.
This approach will allow for new ways to research real-world problems such as cancer, diabetes, global warming, pollution, and many others without the need for governments or multinational corporations to censor what benefits them.
2/ What is L2LSD? (Layer 2 Liquid Staking Derivatives)
This narrative combines two key concepts:
- Layer 2 (L2), which makes transactions faster and cheaper,
- And LSDs, which are tokens that represent cryptos in staking but can still be used while continuing to generate rewards.
For example, you can obtain your stETH (Staked Ethereum; an LSD) on a platform like #Lido and move it to a Layer 2 like #Arbitrum to take advantage of its low fees and speed, and reinvest that stETH.
With this method, you can use your stETH to:
1. Restake and provide liquidity on Uniswap.
2. Collateralize loans on Aave
3. Trade futures on GMX
4. Reinvest to maximize earnings on platforms like BeefyFinance.
If you found this post useful, please like, repost, and follow me @Ivan Prats - Thank you!
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šµLDOš°is showing excellent results again! š It has fallen again, but quickly rose back up ā this cryptocurrency behaves in a quite predictable manner šš. I have already mentioned this in my previous posts, and now we are once again witnessing that in recent days, when the market is stable, LDO is smoothly fluctuating š. This coin is associated with the Lido project and its staking services, making it even more attractive for investors š”.
š¾š¾š¾This is the perfect time for those who are tracking the movements of the coin. Follow the tags $LDO and don't miss the chance for buying or selling! š°#LDO/USDT #Lido #ElonMusk #Korea #BtcNewHolder
š¾š¾š¾This is the perfect time for those who are tracking the movements of the coin. Follow the tags $LDO and don't miss the chance for buying or selling! š°#LDO/USDT #Lido #ElonMusk #Korea #BtcNewHolder
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$LDO ā your key to success in the market!
Have you noticed how LDO has been behaving in recent days? šš Constant swings: drop, rise, drop, rise. This is a real gateway to profit if you catch the movements correctly.
š” Strategy:
1. Long on the rise.
2. Short on the drop.
It's simple, and it really works! For several days now, I've been securing stable profits by playing these movements. š
Why does this work?
High volatility of LDO.
Crowd psychology: everyone is trying to guess the trend, but it keeps reverting.$#BitwiseBitcoinETF #LDO/USDT: #Lido #BtcNewHolder #Binance $LDO
š¾š¾š¾Be sure to click on my tags to succeed.
Have you noticed how LDO has been behaving in recent days? šš Constant swings: drop, rise, drop, rise. This is a real gateway to profit if you catch the movements correctly.
š” Strategy:
1. Long on the rise.
2. Short on the drop.
It's simple, and it really works! For several days now, I've been securing stable profits by playing these movements. š
Why does this work?
High volatility of LDO.
Crowd psychology: everyone is trying to guess the trend, but it keeps reverting.$#BitwiseBitcoinETF #LDO/USDT: #Lido #BtcNewHolder #Binance $LDO
š¾š¾š¾Be sure to click on my tags to succeed.
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The current price of Lido DAO (LDO) is $1.88 š, with a gain of +5.71% over the last 24 hours š„. The trading volume is impressive ā $129 million šµ in 24 hours, and the daily turnover amounted to more than 68.5 million coins š.
Today, LDO opened at $1.78 š, which is 5.90% higher than the opening price. During the day, the price dropped to $1.76 š, but quickly started to recover šŖ. Despite this, the coin is still trading at -24.19% below the monthly high š and -5.82% below the weekly peak š¬. However, from its recent low, LDO has risen by an impressive +33.97% š.
Level Analysis:
Key support: $1.66 š”ļø ā holding this level is critically important ā ļø. If the price breaks it, a decline to $1.44 š³ļø is possible.
Resistance levels: $1.89, $2.27, and $2.48 š. Breaking $1.89 will open the way for more significant growth šš„.
At the moment, LDO shows upward potential š, but it is important to monitor the key levels š¼. $BTC $FIRO āØ
$LDO #LDO/USDTš #Lido #LONG: #BtcNewHolder #donald
Today, LDO opened at $1.78 š, which is 5.90% higher than the opening price. During the day, the price dropped to $1.76 š, but quickly started to recover šŖ. Despite this, the coin is still trading at -24.19% below the monthly high š and -5.82% below the weekly peak š¬. However, from its recent low, LDO has risen by an impressive +33.97% š.
Level Analysis:
Key support: $1.66 š”ļø ā holding this level is critically important ā ļø. If the price breaks it, a decline to $1.44 š³ļø is possible.
Resistance levels: $1.89, $2.27, and $2.48 š. Breaking $1.89 will open the way for more significant growth šš„.
At the moment, LDO shows upward potential š, but it is important to monitor the key levels š¼. $BTC $FIRO āØ
$LDO #LDO/USDTš #Lido #LONG: #BtcNewHolder #donald
I just closed my position
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š¢ Daily Analysis of the Crypto Market (20.05.2024)š„
š¢ Yesterday (20.05) the market was quite excited by the news about the likely approval of ETFs (Investment Funds) at $ETH in cash, in the USA.
š¢ The main source, although there were others, was from Bloomberg ETF Analyst, Erich Balchunas, who projected a 75% probability of approval for ETH ETFs, revising his previous projection of 25%.
š¢It's worth remembering that he hit the nail on the head about the approval of BTC ETFs on 01/11/2024.
š¢ Investment funds are always very positive for market performance. It's not just another piece of news like any other. Billions and billions of dollars are injected into the market, increasing liquidity and increasing the price of assets, in the short, medium and long term.
š¢ The ETH token appreciated by 25% on average in less than 24 hours.
š¢ Likely scenarios:
1- Explosion of growth in the price of ETH, benefiting the entire market, but mainly the Altcoins of the #ethereum ecosystem, such as #Optimisim and #Arbitrum , #lido . $ARB
2- Explosion of growth in the price of ETH; surpassing the altcoins in its ecosystem.
Obviously, the entire crypto market benefits from these catalytic events.
š¢ Additionally, tokens like $PENDLE can benefit greatly as they use ETH tokens in their protocol's liquid restoring structure.
Did you like it? So like, follow and share!
š¢ Yesterday (20.05) the market was quite excited by the news about the likely approval of ETFs (Investment Funds) at $ETH in cash, in the USA.
š¢ The main source, although there were others, was from Bloomberg ETF Analyst, Erich Balchunas, who projected a 75% probability of approval for ETH ETFs, revising his previous projection of 25%.
š¢It's worth remembering that he hit the nail on the head about the approval of BTC ETFs on 01/11/2024.
š¢ Investment funds are always very positive for market performance. It's not just another piece of news like any other. Billions and billions of dollars are injected into the market, increasing liquidity and increasing the price of assets, in the short, medium and long term.
š¢ The ETH token appreciated by 25% on average in less than 24 hours.
š¢ Likely scenarios:
1- Explosion of growth in the price of ETH, benefiting the entire market, but mainly the Altcoins of the #ethereum ecosystem, such as #Optimisim and #Arbitrum , #lido . $ARB
2- Explosion of growth in the price of ETH; surpassing the altcoins in its ecosystem.
Obviously, the entire crypto market benefits from these catalytic events.
š¢ Additionally, tokens like $PENDLE can benefit greatly as they use ETH tokens in their protocol's liquid restoring structure.
Did you like it? So like, follow and share!
Lido Ends Staking on Polygon; Refocuses on Ethereum
Lido Shuts Down Polygon Staking
Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to aĀ Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO)Ā forum discussionĀ and a community vote with the majority of Lido token holders voting to end Lido operations on Polygon.
As part of the process, stMATIC holders will immediately stop receiving network rewards and users can unstake their MATIC through the Lido on Polygon frontend until June 16, 2025. After June 16, 2025, withdrawals will remain possible but only through explorer tools.
Shard Labs made the initial idea for Lido (LDO) on Polygon in 2021. Although, it began with high expectations, Lido on Polygon experienced significant challenges with limited user adoption, inadequate rewards, resource-intensive maintenance needs, and changing ecosystem dynamics.
The changing nature of decentralized finance (defi) activity has been a major obstacle, especially with the growing emphasis on zkEVM solutions. Lidoās potential as a fundamental defi building element on Polygon has been impacted by this shift which has decreased demand for liquid staking solutions on Polygon.
These series of events along with the recent governance decisions by LDO token holdersā to strategically concentrate onĀ EthereumĀ has contributed to Lidoās shutdown on Polygon.
#binance #wendy #lido $BTC $LDO
Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to aĀ Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO)Ā forum discussionĀ and a community vote with the majority of Lido token holders voting to end Lido operations on Polygon.
As part of the process, stMATIC holders will immediately stop receiving network rewards and users can unstake their MATIC through the Lido on Polygon frontend until June 16, 2025. After June 16, 2025, withdrawals will remain possible but only through explorer tools.
Shard Labs made the initial idea for Lido (LDO) on Polygon in 2021. Although, it began with high expectations, Lido on Polygon experienced significant challenges with limited user adoption, inadequate rewards, resource-intensive maintenance needs, and changing ecosystem dynamics.
The changing nature of decentralized finance (defi) activity has been a major obstacle, especially with the growing emphasis on zkEVM solutions. Lidoās potential as a fundamental defi building element on Polygon has been impacted by this shift which has decreased demand for liquid staking solutions on Polygon.
These series of events along with the recent governance decisions by LDO token holdersā to strategically concentrate onĀ EthereumĀ has contributed to Lidoās shutdown on Polygon.
#binance #wendy #lido $BTC $LDO
Lido Concludes Staking Operations on Polygon, Redirects Focus to Ethereum Enhancement
Lido Finance, a prominent player in the decentralized finance sector, has declared it will cease its staking services on the Polygon network, a strategic pivot aimed at concentrating more heavily on enhancements and expansions within theĀ ethereumĀ ecosystem. This decision, adjudged through a comprehensive community-driven process, underscores the intricate dynamics between blockchain interoperability and specialized service offerings.
Originally introduced to diversify the staking options available to its users, Lidoās involvement with Polygon was seen as a significant step towards broadening its blockchain interactions. However, as reported in a recent announcement on December 16, the venture faced substantial obstacles that stymied its intended growth and adoption on the Polygon platform. The reasons highlighted for this shift involve a detailed evaluation of the networkās performance metrics and user engagement levels which have not met the strategic expectations set by Lido.
Polygon, known for its prowess in providing scalability solutions to Ethereum-compatible blockchains, seemed a fitting choice for Lidoās expansion plans. Yet, the realities of implementing and maintaining a staking service apparently presented a different set of challenges, leading to underwhelming participation rates. The decision to discontinue the service was not made lightly; it involved an extensive consultation process within the Lidoās decentralized autonomous organization (DAO), reflecting the projectās commitment to a community-centric decision-making process.
The resolution signals a refocused effort on Lidoās part to bolster its offerings on Ethereum. This move is strategic given Ethereumās recent transition to a proof-of-stake consensus mechanism, which has significantly heightened the relevance and potential profitability of staking services. Ethereum, being the leading platform for decentralized applications, presents a more substantial market opportunity for staking, considering the vast amount of Ether tokens that could be locked up in staking contracts.
Financial implications of this strategic withdrawal are yet to be fully disclosed, but Lido has assured its stakeholders of a streamlined transition that prioritizes minimal disruption. For users currently engaged in staking on Polygon through Lido, the organization has outlined a clear roadmap towards either reclaiming their staked tokens or transferring them into other financial products that Lido offers.
This pivot back to Ethereum not only emphasizes Lidoās agile response to market dynamics and community feedback but also aligns with broader industry trends where Ethereum continues to dominate strategic priorities for a majority of decentralized finance ventures. Market experts opine that focusing on Ethereum could leverage higher network effects and enhance stakeholder value in light of Ethereumās substantial market cap and liquidity pools.
Furthermore, Lidoās decision resonates within the DeFi sector as an example of adaptive management and strategic reallocation of resourcesāprinciples crucial for survival and growth within the rapidly evolving blockchain technology landscape. Reacting proactively to underperformance and refocusing on core competencies and markets is a lesson to similar platforms navigating the complexities of multi-chain strategies.
Lidoās move might also ignite discussions among DeFi protocols about the risks and rewards associated with expanding across different blockchains compared to consolidating resources on more established networks. As the blockchain space continues to mature, the strategies deployed by leading players such as Lido will likely serve as a barometer for the industryās directional shifts and alignment of technological initiatives with user-centric solutions.
In closing, Lidoās strategy shift opens up renewed debates on the strategic deployments in the DeFi sector and the continual evaluation of blockchain technologyās promise versus its real-world application and adoption challenges.
#Lido #LidoDAO
Originally introduced to diversify the staking options available to its users, Lidoās involvement with Polygon was seen as a significant step towards broadening its blockchain interactions. However, as reported in a recent announcement on December 16, the venture faced substantial obstacles that stymied its intended growth and adoption on the Polygon platform. The reasons highlighted for this shift involve a detailed evaluation of the networkās performance metrics and user engagement levels which have not met the strategic expectations set by Lido.
Polygon, known for its prowess in providing scalability solutions to Ethereum-compatible blockchains, seemed a fitting choice for Lidoās expansion plans. Yet, the realities of implementing and maintaining a staking service apparently presented a different set of challenges, leading to underwhelming participation rates. The decision to discontinue the service was not made lightly; it involved an extensive consultation process within the Lidoās decentralized autonomous organization (DAO), reflecting the projectās commitment to a community-centric decision-making process.
The resolution signals a refocused effort on Lidoās part to bolster its offerings on Ethereum. This move is strategic given Ethereumās recent transition to a proof-of-stake consensus mechanism, which has significantly heightened the relevance and potential profitability of staking services. Ethereum, being the leading platform for decentralized applications, presents a more substantial market opportunity for staking, considering the vast amount of Ether tokens that could be locked up in staking contracts.
Financial implications of this strategic withdrawal are yet to be fully disclosed, but Lido has assured its stakeholders of a streamlined transition that prioritizes minimal disruption. For users currently engaged in staking on Polygon through Lido, the organization has outlined a clear roadmap towards either reclaiming their staked tokens or transferring them into other financial products that Lido offers.
This pivot back to Ethereum not only emphasizes Lidoās agile response to market dynamics and community feedback but also aligns with broader industry trends where Ethereum continues to dominate strategic priorities for a majority of decentralized finance ventures. Market experts opine that focusing on Ethereum could leverage higher network effects and enhance stakeholder value in light of Ethereumās substantial market cap and liquidity pools.
Furthermore, Lidoās decision resonates within the DeFi sector as an example of adaptive management and strategic reallocation of resourcesāprinciples crucial for survival and growth within the rapidly evolving blockchain technology landscape. Reacting proactively to underperformance and refocusing on core competencies and markets is a lesson to similar platforms navigating the complexities of multi-chain strategies.
Lidoās move might also ignite discussions among DeFi protocols about the risks and rewards associated with expanding across different blockchains compared to consolidating resources on more established networks. As the blockchain space continues to mature, the strategies deployed by leading players such as Lido will likely serve as a barometer for the industryās directional shifts and alignment of technological initiatives with user-centric solutions.
In closing, Lidoās strategy shift opens up renewed debates on the strategic deployments in the DeFi sector and the continual evaluation of blockchain technologyās promise versus its real-world application and adoption challenges.
#Lido #LidoDAO
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š¢ These are the 3 big promises of the second layer sector (#layer2 ) on the #ethereum network. Opportunity!
Firstly, it is important to highlight that the second layers of the ethereum network have the function of increasing the scalability of the network as a whole.
This happens because the ethereum network is very good, safe, with the second largest market capitalization, but the transaction overload makes the fees very expensive.
Layer2, in this sense, has the function of decongesting the Ethereum network.
š¢$OP : #Optimism is the main layer2 of the ethereum network in capitalization and trading volume. Furthermore, it successfully underwent the latest Ethereum upgrade (EIP 8844), greatly reducing transaction fees to almost 0.1 cents per dollar.
š¢$ARB : #Arbitrum is a layer2 of the ethereum network with the second largest capitalization among the other layer2, and has several layer3 projects, including in the promising gaming sector. The price is currently low due to the latest unlocking of millions of tokens, which is justified because it is a relatively new token, but it has a disinflation effect on the asset's prices, given the dump. But it's a good opportunity.
š¢$LDO : #lido is a layer2 of the ethereum network aimed at the staking (hold) sector that allows the storage of the ETH token and a series of alternatives for interest rewards.
š¢Did you like this post? Like and follow the profile as we will be posting the main winning horses in each sector for this bullish cycle (2024/2025). This way you will be able to build your portfolio of champions!š
Firstly, it is important to highlight that the second layers of the ethereum network have the function of increasing the scalability of the network as a whole.
This happens because the ethereum network is very good, safe, with the second largest market capitalization, but the transaction overload makes the fees very expensive.
Layer2, in this sense, has the function of decongesting the Ethereum network.
š¢$OP : #Optimism is the main layer2 of the ethereum network in capitalization and trading volume. Furthermore, it successfully underwent the latest Ethereum upgrade (EIP 8844), greatly reducing transaction fees to almost 0.1 cents per dollar.
š¢$ARB : #Arbitrum is a layer2 of the ethereum network with the second largest capitalization among the other layer2, and has several layer3 projects, including in the promising gaming sector. The price is currently low due to the latest unlocking of millions of tokens, which is justified because it is a relatively new token, but it has a disinflation effect on the asset's prices, given the dump. But it's a good opportunity.
š¢$LDO : #lido is a layer2 of the ethereum network aimed at the staking (hold) sector that allows the storage of the ETH token and a series of alternatives for interest rewards.
š¢Did you like this post? Like and follow the profile as we will be posting the main winning horses in each sector for this bullish cycle (2024/2025). This way you will be able to build your portfolio of champions!š
ā” ššØš© 10 šš«šØš£šššš¬ šš² 7š š
ššš¬
.
Lido - $22M $LDO
Uniswap - $17M
Jito - $11M $JTO
Raydium - $8.7M
PancakeSwap - $6.1M
Pump - $5.8M
Aave - $5.5M $AAVE
Ethena - $4.7
MbloXroute - $4.4M
Maker - $4.2M
š¼ Data Credit - CryptoRank , DefiLlama
š š“š²š·š°š½š³š šøšæš 123
#lido #aave #jito
.
Lido - $22M $LDO
Uniswap - $17M
Jito - $11M $JTO
Raydium - $8.7M
PancakeSwap - $6.1M
Pump - $5.8M
Aave - $5.5M $AAVE
Ethena - $4.7
MbloXroute - $4.4M
Maker - $4.2M
š¼ Data Credit - CryptoRank , DefiLlama
š š“š²š·š°š½š³š šøšæš 123
#lido #aave #jito
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$LDO
Lido's wstETH token has been launched on Starknet, marking an important milestone as it not only enhances the unity of the Ethereum ecosystem but also provides more options and stability for users in the L2 space. Users can now bridge their wstETH tokens to Starknet, gaining access to the DeFi ecosystem on that network and benefiting from lower gas costs and faster transaction speeds in Layer 2. wstETH (wrapped stETH) is a non-rebasing version of Lido's stETH. Unlike stETH, wstETH maintains a constant balance, with rewards reflected in its increasing value over time, making wstETH particularly suitable for integration into DeFi protocols that require a fixed balance. This launch will further drive the adoption and growth of DeFi within the Starknet ecosystem.
#lido #starknet
Lido's wstETH token has been launched on Starknet, marking an important milestone as it not only enhances the unity of the Ethereum ecosystem but also provides more options and stability for users in the L2 space. Users can now bridge their wstETH tokens to Starknet, gaining access to the DeFi ecosystem on that network and benefiting from lower gas costs and faster transaction speeds in Layer 2. wstETH (wrapped stETH) is a non-rebasing version of Lido's stETH. Unlike stETH, wstETH maintains a constant balance, with rewards reflected in its increasing value over time, making wstETH particularly suitable for integration into DeFi protocols that require a fixed balance. This launch will further drive the adoption and growth of DeFi within the Starknet ecosystem.
#lido #starknet
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$LDO
The snapshot vote for the mainnet launch of the Lido Community Staking Module (CSM) has passed successfully, which is an important milestone. The CSM contract has been deployed on Ethereum and will start on-chain voting next week after completing the final security check. If the on-chain voting also passes smoothly, the Community Staking Module (CSM) will be officially launched soon.
The launch of CSM aims to enhance the decentralization of the Lido protocol and attract more community stakers to participate in becoming node operators by lowering the threshold. The main features of the CSM module include:
ā¢ A permissionless entry mechanism that allows any node operator to run a validator node.
ā¢ Enhanced security of the protocol by providing ETH as a security collateral.
ā¢ Introduced a reward smoothing mechanism so that node operators can receive more stable and consistent rewards.
ā¢ Set a reasonable low margin requirement to attract more potential operators.
ā¢ Accept ETH, stETH, wstETH as collateral, and receive rewards through stETH
ā¢ Provides a user-friendly interface and reduces gas fees for on-chain operations.
The launch of CSM will provide more opportunities for community stakers to participate, and will help improve the decentralization of the entire Ethereum network by increasing the number of independent node operators. Lido encourages community stakeholders to check the "early adoption" qualification before the mainnet launch, and eligible operators can access the CSM mainnet in advance.
#ldo #LDO/USDTš #LDO/USDT: #lido #LDO.ęŗč½ēē„åŗšš
The snapshot vote for the mainnet launch of the Lido Community Staking Module (CSM) has passed successfully, which is an important milestone. The CSM contract has been deployed on Ethereum and will start on-chain voting next week after completing the final security check. If the on-chain voting also passes smoothly, the Community Staking Module (CSM) will be officially launched soon.
The launch of CSM aims to enhance the decentralization of the Lido protocol and attract more community stakers to participate in becoming node operators by lowering the threshold. The main features of the CSM module include:
ā¢ A permissionless entry mechanism that allows any node operator to run a validator node.
ā¢ Enhanced security of the protocol by providing ETH as a security collateral.
ā¢ Introduced a reward smoothing mechanism so that node operators can receive more stable and consistent rewards.
ā¢ Set a reasonable low margin requirement to attract more potential operators.
ā¢ Accept ETH, stETH, wstETH as collateral, and receive rewards through stETH
ā¢ Provides a user-friendly interface and reduces gas fees for on-chain operations.
The launch of CSM will provide more opportunities for community stakers to participate, and will help improve the decentralization of the entire Ethereum network by increasing the number of independent node operators. Lido encourages community stakeholders to check the "early adoption" qualification before the mainnet launch, and eligible operators can access the CSM mainnet in advance.
#ldo #LDO/USDTš #LDO/USDT: #lido #LDO.ęŗč½ēē„åŗšš
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You have participated in the exclusive activity #BinanceWeb3Wallet with @Lido And @portalbridge_?
The rewards for the Lido Airdrop Campaign have been distributed!
Check your rewards here ā¤µļø
https://docs.google.com/spreadsheets/d/1ql9HWHEYEmi1QGpg4NvF1V22mpS18ZDeEdtfzRF0hkw/htmlview?usp=sharing
#binance #wendy #lido
The rewards for the Lido Airdrop Campaign have been distributed!
Check your rewards here ā¤µļø
https://docs.google.com/spreadsheets/d/1ql9HWHEYEmi1QGpg4NvF1V22mpS18ZDeEdtfzRF0hkw/htmlview?usp=sharing
#binance #wendy #lido
See original
Midterm - LDO
Lido -#lido
HOT NEWS! ! !
Lido and Paradigm investment fund have invested heavily in the new project Symbiotic. This is a competitor to the recently hot product EigenLayer.
This problem is very good. Lido doesn't need to reform all their systems. Through this, stETH will be used as the main token for Symbiotic. The newly launched staking mechanism brings many benefits to LIDO and of course the price will follow.
In the long term, lido has solved the problem that its competitors raised. Lido will win over EigenLayer for sure.
-> Paramdigm fund is currently the largest holder of Lido. Despite the recent market instability, many funds have released lido tokens. But Paramdigm remains loyal to the project, perhaps they know Lido's true potential in the future.
-> eth etf fund and whether eth etf is staking or not? -> Surely when the new president is elected, crypto will once again rise and ether staking projects will take the throne along with eth etf.
-> entries 1.6-1.7
-> target 16-20$
Lido -#lido
HOT NEWS! ! !
Lido and Paradigm investment fund have invested heavily in the new project Symbiotic. This is a competitor to the recently hot product EigenLayer.
This problem is very good. Lido doesn't need to reform all their systems. Through this, stETH will be used as the main token for Symbiotic. The newly launched staking mechanism brings many benefits to LIDO and of course the price will follow.
In the long term, lido has solved the problem that its competitors raised. Lido will win over EigenLayer for sure.
-> Paramdigm fund is currently the largest holder of Lido. Despite the recent market instability, many funds have released lido tokens. But Paramdigm remains loyal to the project, perhaps they know Lido's true potential in the future.
-> eth etf fund and whether eth etf is staking or not? -> Surely when the new president is elected, crypto will once again rise and ether staking projects will take the throne along with eth etf.
-> entries 1.6-1.7
-> target 16-20$
See original
$LDO
Lido has announced the official launch of its stETH token on the Optimism network. This means that users can now access daily staking reward adjustments and bridging features to gain multi-chain support for stETH. As part of bringing adjustable supply stETH to Optimism, Lido contributors are working on bringing adjustable supply stETH to Optimism, bringing direct daily staking rewards to users.
In addition, Lido also provides a cross-chain tutorial on wstETH on Optimism, including how to deposit wstETH into Optimism and how to withdraw from Optimism back to Ethereum. This upgrade also includes an upgrade to the L2 bridge endpoint, allowing rebasable stETH to be used on the Optimism network with the already deployed wstETH.
#ldo #lido #LDO.ęÆę„ęŗč½ēē„ #op
Lido has announced the official launch of its stETH token on the Optimism network. This means that users can now access daily staking reward adjustments and bridging features to gain multi-chain support for stETH. As part of bringing adjustable supply stETH to Optimism, Lido contributors are working on bringing adjustable supply stETH to Optimism, bringing direct daily staking rewards to users.
In addition, Lido also provides a cross-chain tutorial on wstETH on Optimism, including how to deposit wstETH into Optimism and how to withdraw from Optimism back to Ethereum. This upgrade also includes an upgrade to the L2 bridge endpoint, allowing rebasable stETH to be used on the Optimism network with the already deployed wstETH.
#ldo #lido #LDO.ęÆę„ęŗč½ēē„ #op