Lido DAO Price

$1.948 -0.068%

Market cap$1,947,681,607.28

Volume (24h)$48,561,754.65

Highest price (24h)$2.008

Circulating supply1,000,000,000 LDO

About

What is Lido DAO?

Lido DAO is a decentralized finance (DeFi) project focused on providing liquidity and staking solutions for Ethereum 2.0.

It allows users to stake their Ethereum (ETH) while participating in network activities, earning rewards without locking their assets.

The Lido DAO token (LDO) is the governance token of the platform, playing a crucial role in voting and decision-making within the Lido ecosystem.

This page is your go-to resource to track LDO to USD price movements and trends in real-time.

Who invented LDO?

Lido DAO was launched in December 2020 by a group of blockchain entities and individuals passionate about DeFi, including entities like Semantic Ventures, P2P Capital, and Terraform Labs.

How Lido DAO Works

Lido DAO operates on the Ethereum blockchain, providing a decentralized and automated solution for Ethereum 2.0 staking. The process is straightforward:

Tokenization of Staked ETH: Users' staked ETH is tokenized into stETH, representing their staked assets plus rewards. This token remains liquid and can be used across various DeFi applications.
Decentralized Autonomy: LDO token holders govern the Lido DAO, making decisions about key parameters, upgrades, and the distribution of funds.
Integration with DeFi Protocols: Lido DAO integrates with various DeFi platforms, enabling users to leverage their staked assets for lending, borrowing, and yield farming activities.

What info is displayed on LDO price chart?

The Paybis LDO price chart displays the following data:

Live LDO price
Current Market Cap of LDO
24hr Volume of LDO
Highest price of LDO in the last 24 hours
Circulating supply of LDO
Price of LDO in 50+ fiat currencies

This data provides a comprehensive view of the LDO market.

Lido DAO price today

LDO, as the governance and utility token of Lido DAO, plays a critical role in the platform's ecosystem.

Its price is subject to market dynamics and investor sentiment. The Lido DAO price tracker on Paybis helps monitor real-time price movements. Users can:

View LDO price trends across different timeframes.
Convert LDO price into various fiat currencies.
Analyze market cap, 24hr volume, and circulating supply for informed decision-making.

LDO calculator tool is essential for staying updated on LDO price movements.

Analyzing Lido DAO price trends

Understanding Lido DAO's price trends is crucial for investors and users. The Paybis Lido DAO price chart offers real-time insights into LDO's market movements. Users can:

Track daily, weekly, monthly, and yearly price fluctuations.
Compare LDO prices in different fiat currencies.
Use market data for strategic investment planning. Remember, while analysis helps in making informed decisions, market predictions are not guaranteed.

How will LDO price change in the future?

The future of LDO's price is influenced by several factors, including Ethereum 2.0's development, the adoption of DeFi, and overall market trends.

However, cryptocurrency prices are highly volatile and subject to market sentiments.

Investors should use tools like the Paybis LDO price chart to stay informed and make decisions based on current market conditions and personal risk tolerance.

FAQ

Why should I buy LDO?

LDO offers multiple benefits as part of the Lido DAO, a decentralized protocol streamlining staking services for PoS networks. Key advantages include:

Lido DAO, being a Decentralized Autonomous Organization, offers users more control and transparency, avoiding centralization.
Lido allows staking with no minimum amounts, making it accessible to a wider audience.
The platform simplifies staking processes, eliminating technical barriers for users.
Lido enables staking without lockup periods, allowing users to leverage assets for other ROI opportunities.
LDO token holders can earn through various means like staking, farming, lending, and participating in governance.
Lido DAO is secure, open-source, and audited, with full interoperability within the Ethereum ecosystem.

How many people own 1 LDO?

As of the latest available data, there are 41,603 holders of the Lido DAO Token. However, this number does not specifically indicate how many own exactly 1 LDO, as one individual can hold multiple wallets.