Lido DAO
Lido DAO
About
Lido DAO is a decentralized autonomous organization that makes liquid staking possible. This means that you can stake your Ethereum without having to lock it up for months or years. You can still use your staked ETH to earn interest, participate in DeFi protocols, or trade it on exchanges.
Lido DAO is backed by some of the biggest names in crypto, including Andreessen Horowitz, Coinbase Ventures, and Polychain Capital. It has over $10 billion in assets under management, making it the largest liquid staking provider in the world.
With Lido DAO, you can help secure the Ethereum network and earn rewards at the same time. You can also be a part of a growing community of crypto enthusiasts who are building the future of finance.
Roadmap
Lido DAO has a clear roadmap for the future. In the near term, it plans to expand to other blockchains, such as Solana and Terra. It also plans to launch new products and services, such as a lending market for stETH. In the long term, Lido DAO aims to become the leading liquid staking provider in the world.
Lido DAO has a proven track record of success. It has been operating since 2020 and has never had a security breach. It has also been praised by industry experts for its innovative approach to liquid staking.
"Liquid staking for the people, by the people."
Tokenomics
Total supply: 1 billion LDO
Distribution:
- 36.32% – DAO treasury
- 22.18% – Investors
- 6.5% – Validators and signature holders
- 20% – Initial Lido developers
- 15% – Founders and future employees
Vesting schedule:
- DAO treasury: 50% vested over 1 year, 50% vested over 2 years
- Investors: 25% vested over 1 year, 75% vested over 2 years
- Validators and signature holders: 100% vested
- Initial Lido developers: 100% vested
- Founders and future employees: 25% vested over 1 year, 75% vested over 2 years
Use cases:
- Governance: LDO holders can vote on proposals that affect the Lido DAO ecosystem.
- Staking rewards: LDO holders are eligible to receive staking rewards from the Lido DAO treasury.
- Liquidity: LDO can be used to provide liquidity for stETH, the liquid staking derivative of ETH on Lido DAO.
- Fee payments: LDO can be used to pay for node operators and other services on the Lido DAO network.
