Lido DAO

What is Lido DAO (LDO)?

Lido DAO (LDO) is a decentralized autonomous organization providing liquid staking solutions on the Ethereum 2.0 blockchain network, with support for other Proof of Stake (PoS) platforms such as Solana, Polygon, Polkadot, and Kusama.

LDO is the native cryptocurrency of the Lido DAO blockchain network allowing users to actively participate in proposals and voting including adjustments to the board, new implementation, and platform updates.

Konstantin Lomashuk, Vasiliy, Shapovalov, and Jordan Fish launched Lido in 2020 and also support from financial partners like Semantic VC, ParaFi Capital, Bitscale Capital, StakeFish, Libertus Capital, Chorus, P2P Capital and KR1 played an important role in the successful launch of the DAO organization.

DAO ensures security through a combination of decentralized networks and robust smart contracts. The protocol operates on Ethereum utilizing smart contracts to manage deposits and distribute staking rewards.

How does Lido DAO (LDO) work?

Lido’s liquid staking system enables users to earn rewards from staking Proof of Stake (PoS) assets. By using Lido DAO, users gain access to their locked tokens, reducing the costs associated with staking.

Lido Liquid Staking V2 (Lido V2), the latest version introduced to enhance the more versatile staking option for Ethereum 2.0. Its “Liquid Staking” model enables users to deposit ETH into the pool in exchange for staked ETH tokens, these tokens can be traded on secondary markets or utilized in Liquid Staking Decentralized Finance (“LSDFi”) protocols, offering more flexible and liquid assets.

Lido DAO (LDO) Price History:

• The total Supply of Lido DAO (LDO) is 1 Billion, and 896 Million LDO coins are in circulation.
• Lido DAO (LDO) token reached an all-time high of $ 7.30 on Aug 20, 2021, and an all-time low of $ 0.41 on Jun 19, 2022.
• Lido DAO was launched in Decembe­r 2020 when Ethere­um 2.0's "Beacon Chain" moved into Phase 0.

Lido DAO (LDO) Price Prediction:

• According to Coinpedia, Lido's price prediction for 2025 is expected to vary between a potential low of $1.42 and a high of $4.92, an average value of $2.72.
• In 2026, the Lido coin price ranges between $4.50 and $7.80; the average cost is projected to be $6.20.
• In 2027, the Lido or LDO could span from $5.30 to $8.90, with an average of $7.10.
• By 2028, the Lido crypto price would fall between $6.00 and $9.70, the average cost is expected to be about $7.85.
• The average Lido’s price would be around $8.50, with a potential low of $6.80 and a high of $10.30 by 2029.
• Lido's price prediction in 2030 indicates an average price of $9.25. The asset may vary between a potential low of $7.50 and a high of $11.00. 

Where can I buy Lido DAO (LDO) :

• Centralized Exchanges: The top popular exchanges for Lido or LDO swapping or trading include Coinbase, Binance, Bitfinex, Bybit, Kraken, HTX, Tokocrypto, and LBank exchange.
• Decentralized Exchanges (Dex): Lido coin is swapped or traded on Uniswap, SushiSwap, Curve, DeGate, Balancer, and Orca.

Wallets for Lido DAO (LDO) :

Lido DAO or LDO can be stored or managed in top wallets including Metamask, Binance Chain Wallet, SolFlare, Backpack, and Phantom.