Lido DAO Price
LDO
How Much is 1 Lido DAO (LDO)
Convert LDO to your currency
Last Updated on Dec 23, 2025 10:52 AM
What is Lido DAO?
About the coin
Lido is an open-source software suite that operates on the Ethereum and Polygon networks. It allows users to stake their tokens and earn rewards that are linked to blockchain validation activities. This platform is designed to simplify the staking process for users, providing them with an easy way to participate in network security and earn rewards.
Main features
One of the main features of Lido is the ability to mint transferable utility tokens, known as stTokens. These tokens represent the user's staked amounts and can be used within the ecosystem. Lido batches these tokens to stake with validators, ensuring that the staking process is efficient and secure. Additionally, Lido provides users with detailed statistics on total staked assets, annual percentage rates, and the market cap of stETH, which is the token representing staked Ether.
How it works
When users decide to stake their tokens with Lido, they receive stTokens in return. These stTokens are a representation of their staked assets and can be transferred or used within the Lido ecosystem. If a user wishes to withdraw their staked tokens, they must burn the stTokens to initiate the withdrawal process. This mechanism ensures that the staking and withdrawal processes are seamless and user-friendly, allowing users to easily manage their staked assets.
Wallet for Lido DAO
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Tangem supports networks for Lido DAO
- Ethereum
- Bnb Smart Chain
- Solana
- Polygon Pos
- Arbitrum One
- Optimism
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Lido DAO FAQ
- Lido DAO is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- Lido DAO offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes, both names point to the same token. LDO is just the shorthand symbol used for market and wallet displays.
- You can buy Lido DAO using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- For long-term safety, move Lido DAO to a hardware wallet like Tangem, which protects your keys from remote access and malware.
- Jordan Fish, Vasiliy Shapovalov, and Konstantin Lomashukfounded Lido and its DAO to solve the shortcomings of staking, such as illiquidity and high minimum staking requirements (e.g., Ethereum requiring at least 32.00 ETH to operate a validator).
How to secure Lido DAO with Tangem Wallet?
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Lido DAO wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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