Lido (LDO)

The Lido Finance project (Lido price) is a decentralized finance (DeFi) platform that aims to solve one of the main challenges facing the blockchain ecosystem: the liquidity of staked assets.
Launched in 2020, crypto Lido has quickly become a major player in the DeFi ecosystem, offering an elegant and secure solution for crypto-asset holders looking to earn staking rewards while remaining free to enter or exit their positions.
Staking, a central pillar of many blockchain networks, involves placing crypto-assets in escrow to secure the network.
The quid pro quo for this lock-in takes the form of rewards received in return.
However, this approach often has a major drawback: the illiquidity of the stashed funds.
In other words, once funds are committed to the staking process, they cannot be used elsewhere, limiting investors’ flexibility.
What’s more, on some networks, lock-in periods ranging from a few days to several weeks can act as a deterrent to investors.
This is where Lido comes in.
The platform offers an innovative solution, enabling users to delegate their staked assets to a validation pool that represents them on the network.
This means that users can continue to receive their staking rewards while having the freedom to both enter and exit their staking position with greater flexibility, but also to use their assets for other purposes.
One of Lido’s key advantages is its robust, security-focused design.
The platform uses a decentralized architecture, which spreads risk and ensures maximum protection of users’ funds.
In addition to its core liquid staking function, Lido also offers other features that enrich its ecosystem.
For example, the platform offers incentives to users who provide liquidity on DeFi’s markets.
In this way, Lido helps boost the overall liquidity of the DeFi ecosystem.
Finally, it’s important to emphasize the dynamic community aspect that surrounds Lido.
The platform benefits from a strong community of users and contributors who actively participate in the development and continuous improvement of the project.

Buy LDO tokens online with Coinhouse.

Konstantin Lomashuk: Konstantin Lomashuk is a co-founder of Lido Finance and brings valuable expertise in software engineering and blockchain development.
Prior to co-founding Lido, Konstantin accumulated a wealth of experience as a senior engineer at Parity Technologies, where he worked on projects crucial to the Ethereum ecosystem.
In particular, he contributed to the development of Substrate, a modular blockchain framework.
Konstantin played a central role in developing Lido’s technical architecture, focusing on the system’s security and robustness.
His technical expertise was essential in designing a secure and reliable DeFi platform. Vasiliy Shapovalov: As co-founder of Lido Finance, Vasiliy Shapovalov, also known by the pseudonym “vasa”, is a recognized expert in the development and architecture of blockchain systems.
Before joining Lido, Vasiliy worked on a number of innovative blockchain projects, acquiring solid technical experience in the process.
His role at Lido was essential in designing and implementing robust security mechanisms, which greatly contributed to establishing user confidence in the platform.
Vasiliy’s deep understanding of the technical challenges and opportunities offered by blockchain technology has been a major asset to Lido’s development and success. Jordan Fish: Jordan Fish, as co-founder of Lido Finance, brings a valuable perspective on the economics and governance of blockchain projects.
Prior to co-founding Lido, Jordan worked at ConsenSys, where he gained solid experience in DeFi.
In particular, he was involved in projects focused on governance and incentive alignment.
At Lido, Jordan plays a crucial role in designing governance mechanisms and developing a solid economic vision for the platform.
His expertise in crypto economics and incentive mechanisms contributes significantly to the evolution and prosperity of Lido Finance. Lido DAO partners VCs who have invested in the project include Semantic VC, ParaFi Capital, Libertus Capital, Bitscale Capital, StakeFish, StakingFacilities, Chorus, P2P Capital and KR1. The angel investors who also helped Lido get off the ground are Stani Kulechov of Aave, Banteg of Yearn, Will Harborne of Deversifi, Julien Bouteloup of Stake Capital and Kain Warwick of Synthetix.

Several DeFi platforms have emerged to provide liquid staking solutions.
Lido Finance is the undisputed leader in this field.
The platform enables users to entrust their staked assets and receive liquid staked tokens (such as stETH for Ethereum) in return, which can be exchanged and used within the DeFi ecosystem.
Lido places a strong emphasis on fund security and uses sophisticated mechanisms to protect delegated assets.
In addition, it operates on several blockchains: Ethereum , Polygon (buy MATIC with Coinhouse) and Solana.
By delegating their funds to a liquid staking platform, users avoid certain risks linked to network operation or the security requirements associated with direct staking.
Liquid staking platforms manage these technical aspects, thus securing users’ funds.
Liquid staking broadens access to staking participation.
It enables a greater number of crypto holders to contribute to the network’s operation and benefit from staking rewards, thus promoting the network’s decentralization.

The LDO token is the governance token for Lido’s Decentralized Autonomous Organization (DAO).
This means that Lido incorporates governance mechanisms that enable holders of its native token, LDO, to actively participate in decision-making relating to the platform.
It is used to vote on protocol parameters and govern Lido DAO’s cash flow.
It is this entity that controls the evolution of the protocol in terms of parameters but also the use of treasury funds, etc.
With the mission of making staking simple, liquid and decentralized for investors, Lido DAO’s responsibilities include: – Launching Lido – Deploying the protocol’s smart contracts – Choosing fees and other protocol parameters – Assigning the first node operators approved by the DAO – Proposing and updating Lido parameters – Approving incentives for parties who contribute to the DAO’s goals (e.g. stETH liquidity providers) – Proposing and updating the Lido implementation for incoming Ethereum functionalities using DAO treasury funds.

LIDO DAO’s plans for 2024 include several key initiatives aimed at strengthening its position in the decentralized finance (DeFi) ecosystem and expanding its service offering:

1. Liquid staking expansion: LIDO DAO plans to extend its liquid staking service to other blockchains beyond Ethereum.
   The aim is to enable users to stake assets on various blockchains while retaining the liquidity of their tokens via “wrapped” versions.
2. Improved decentralization: LIDO DAO is focusing on improving the decentralization of its protocol.
   This includes adding new node operators to reduce centralized risk and increase network resilience.
3. Development of new features: the project includes the introduction of new features for liquid staking users, such as flexible staking options, security enhancements, and integration with other DeFi protocols to offer more use cases for staked tokens (such as stETH).
4. Strategic partnerships: LIDO DAO plans to form partnerships with other DeFi platforms to expand the ecosystem of applications using staked tokens, offering users more opportunities to maximize returns on their assets.
5. Research and innovation: LIDO DAO invests in research to explore new methods of staking and governance, in order to remain at the forefront of innovation in the DeFi sector.

1. Go to your Coinhouse application and log in to your personal space or create your account.
2. Go to the buy/sell section.
3. Select the amount you wish to invest, and the currency of your choice (in this case LIDO).
   Easily exchange USDC for LIDO via the platform.
4. Once your transaction has been validated, you ‘ll find your LDO in your portfolio.

Lido is the leader in liquid staking.
Since the Shanghai update on the Ethereum blockchain, it has been possible to withdraw staked Ethers (ETH).
This possibility has greatly increased the attractiveness of staking on Ethereum, and Lido Finance has benefited from this increased interest.
On the broader theme of Decentralized Finance (DeFi), Lido is also the protocol with the most TVLs, i.e. the most funds placed on the platform.
The Lido project is now extending to other blockchains, and its expansion is supported by the Lido DAO, which votes these measures through the holding of LDO tokens.