Lido DAO

Ethereum

If the governance vote passes, the latest iteration of Lido will come to the Ethereum blockchain, Lido's biggest market.

Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours.

Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share

Ethereum's Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido.

Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows

Arbitrum

A new proposal would see Lido accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.

Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum

The liquid staking protocol, Lido Finance, has seen its total value locked (TVL) surpass more than $12 billion worth of ETH.

Lido deposits surpass $12 billion as Ethereum's Shapella boosts liquid staking

Dogecoin

Shapella's stable rollout likely drove positive sentiment to Ethereum staking-based protocols.

Ether, Dogecoin Lead Crypto Market Bounce; Lido's Staked Ether Breaks Into Top Ten

Lido needs to prepare the launch of its V2 testnet and finalize for the completion of several ongoing security audits of its V2 upgrade, before enabling withdrawals.

Lido Stakers Can Expect Ether Withdrawals 'No Sooner Than Early May'

With Ethereum's next upgrade just around the corner, ETH and tokens powering liquid staking platforms are soaring.

Ethereum, LSD Tokens on the Rise Ahead of Next Week's Shapella Upgrade

Polkadot

Decentralized finance staking service Lido (CRYPTO: LDO) announced it will end its staking program on the Polkadot (CRYPTO: DOT) and Kusama (CRYPTO: KSM) blockchains on Aug. 1, as stated by a recent blog post by the pseudonymous Lido developer MixBytes.

Lido Staking Service Shuts Down On Polkadot And Kusama: What This Means For Crypto Investors

Aave

A widely followed crypto analyst is identifying five altcoin projects that he believes have the potential for massive growth. In a new video update, Coin Bureau host Guy Turner says he is bullish on the lending and borrowing decentralized finance (DeFi) protocol Aave (AAVE).

Coin Bureau Names Aave, THORChain and Three Additional Crypto Assets on Its Altcoin Watch List

Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.

DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August

Tokens powering popular liquid staking protocols for Ethereum, like Lido Finance and Rocket Pool, enjoyed a heady run on Wednesday.

Ethereum Staking Tokens Jump Double Digits as Shanghai Upgrade Gets a Date

Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.

Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process

The proposal comes as MixBytes, Lido's partner developer firm for Polkadot and Kusama liquid staking, announced to stop supporting the networks.

Lido Finance Weighs Sunsetting Liquid Staking on Polkadot, Kusama

Uniswap

The protocol increases the capital efficiency for liquidity providers with automatic trading modes, Maverick CTO Bob Baxley told The Block.

Maverick Protocol DEX launches with Lido integration to compete with Uniswap

Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service.

Lido's LDO Token Sinks 10% Following SEC Rumors

During the past 30 days, the total value locked (TVL) in Lido Finance's liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol's dominance in decentralized finance (defi) has also increased, with its TVL accounting for 19.08% of the $49.66 billion locked in defi today.

Lido's Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder's Deposits

Avalanche

The announcements highlight BridgeTower's emphasis on regulatory compliance.

BridgeTower Capital to Onramp Lido, Offers Security Token For Avalanche's Staking Rewards

Lido is gearing up for Ethereum's upcoming Shanghai upgrade.

Lido Community Conducting Snapshot of V2 Upgrade Design Approval

On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron.

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder

Dragonfly Capital data scientist known as hildobby said the 150,000 ether had been staked by Tron founder Justin Sun.

Lido Finance reports largest ever daily stake inflow with more than 150,000 ETH staked

The largest Ethereum staking service provider's DAO has issued a vote over what it should do with its $30 million worth of ether.

Lido DAO's Governance Token LDO Jumps on Treasury Proposal

Optimism

Lido and Optimism aim to increase the availability of wrapped staked ether (wstETH) with OP tokens through the new liquidity mining and user incentives program.

Ether Staking Service Lido Granted 1M Optimism Tokens to Incentivize Wrapped Stake Ether Adoption

A new 1 million OP token grant means Lido Finance users looking to earn some extra yield can do so by porting over to Optimism.

Lido Finance Kicks Off Yield Farming Event on Ethereum Scaler Optimism

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 15, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

News for Lido DAO Crypto (LDO)