Tag: lido

Nov 01 2022

How to Stake ETH on Lido

Nov 01 2022 Published at Altcoin Buzz under tags  defi ethereum lido

There are many options for Ethereum staking. However, Lido staking is fast becoming one of the most popular options since it eliminates the limitations posed by validators. Lido staking is accessible to anyone with a private wallet and some Ethereum. Staking is simply the process of locking or holding a token to support the operation of a blockchain. Staking...

Oct 19 2022

Suspected Ethereum Exploit Drains Wallet of 121 ETH in Gas Fees

Oct 19 2022 Published at Crypto Briefing under tags  ethereum hack lido mev news

An ongoing exploit has led to more than $158,000 being extracted from an Ethereum user through an operation involving extremely high gas fees. Gas Fees Gamed An Ethereum user appears...

Oct 07 2022

Largest Ethereum Staking Service, Lido, Launches on L2 Arbitrum and Optimism

Lido Finance announced that it is available on Layer-2, and users can bridge their staked Ethereum. Currently, Arbitrum One and Optimism are supported. Lido will also allocate 150,000 LDO tokens in rewards per month across each network. The team wants to encourage the building of liquidity. Lido dominates staking on the Ethereum network, holding just under 30% of the pool distribution. It has...

Sep 23 2022

Top 6 DeFi Tokens to Look Out for the Rest of 2022

Decentralised Finance (DeFi) has ultimately become an integral part of the cryptocurrency ecosystem. Riding on the success of 2021 where many DeFi cryptocurrency watered the dry accounts of its investors, more projects have now sprung up. Interestingly some of these emerging cryptocurrencies have been tipped to outperform the older generation before 2022 ends.

Sep 16 2022

Nansen Reports Five Entities Control About 64% Of Staked Ether

Sep 16 2022 Published at Bitcoinist.com under tags  crypto dao ethereum ethusdt lido

The long-awaited Ethereum upgrade, the Merge, has been released. With the transition from PoW to PoS network, the Ethereum blockchain will become more energy efficient. Also, miners will cease to be the validators on the network. Instead, stakers will finally take over the validation and security maintenance role of the Ethereum blockchain. A blockchain analytics company, Nansen, gave a recent report on the...

Sep 06 2022

5 Celsius Network Alternatives: Finding Safe Investment Alternatives

Sep 06 2022 Published at CoinCentral under tags  articles gemini lido nexo uphold

Celsius Network was a leading cryptocurrency lending platform and interest account where users could earn interest on their digital assets and take out cryptocurrency loans. With over 1.7 million users and over $8 billion in loans, the platform was the first place many crypto enthusiasts went to earn a yield on their digital assets or take out cryptocurrency loans. Now investors are looking...

Aug 16 2022

Lido Announces Details On Ethereum Staking On Layer-2 Arbitrum And Optimism

Aug 16 2022 Published at Coingape under tags  defi news lido news steth

Crypto liquidity staking platform Lido on Tuesday announced the first steps and technical details about stETH expansion across the Layer-2 DeFi ecosystem. In the initial...

Aug 12 2022

Best Platforms to Stake Ethereum 2.0

The Ethereum blockchain is moving from Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). If you want to stake ETH by yourself, you must have a minimum of 32 ETH. Fortunately,...

Aug 04 2022

Lido Votes to Sell 1% of Treasury to Dragonfly Capital

Aug 04 2022 Published at Crypto Briefing under tags  daos lido news staking

The Lido community has voted to sell 10 million LDO tokens ($25 million) to Dragonfly Capital. Lido Will Sell 10 Million Tokens Lido will sell a portion of its treasury...

Jul 29 2022

Vitalik Buterin Claims Ethereum Merge Will Be Priced After It Goes Live

Merge is the currently awaited upgrade on the Ethereum blockchain. With the launch of Merge, the network is expected to migrate from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. This would finally remove the mining process entirely from the Ethereum blockchain. Hence, transaction validation will solely depend on staking after the upgrade on the Ethereum mainnet. The long-awaited launch of Merge is...

Jul 26 2022

Lido DAO Price Drops By 13% Over Rejection Of This Proposal

Jul 26 2022 Published at Coingape under tags  altcoin news lido lido finance news

Lido DAO (LDO) emerged to be one of the most gaining tokens among the top 100 cryptocurrencies over the past 30 days. However, the LDO token prices have taken a hit over the rejection of its governance proposal to diversify the treasury. Lido community says no to this proposal According to Lido Finance, the proposal...

Jul 19 2022

Lido Is Quickly Becoming A Top Choice For Whales, Here’s Why

Jul 19 2022 Published at Coingape under tags  altcoin news eth whale lido news

Data from WhaleStats reveals that Lido Finance’s token $LDO is the third most purchased token by the top 100 whales in the last 24 hours. The purchasing spree comes as LDO’s price falls by more than 6% in the last 24 hours. However, its price has gone up by more than 150% in the last...

Jul 18 2022

Staking Protocol Lido Expands to Ethereum Layer 2

Jul 18 2022 Published at Crypto Briefing under tags  ethereum lido technology

Lido has confirmed it will initially launch the offering on Optimism and Arbitrum. Securing Ethereum on Layer 2 Lido is expanding to Layer 2. A Monday blog post from the...

ETH, Lido rally following update on Ethereum’s Merge as markets turn green

Jul 18 2022 Published at CryptoSlate under tags  analysis bitcoin ethereum glassnode lido

Flagship digital assets Bitcoin (BTC) and Ethereum (ETH) are in the green as their values rose to over $22,000 and $1,400 in the last 24 hours. According to data from Coinglass, over $300 million in short positions were liquidated because of the mini-rally of these assets. In the last 24...

Jul 12 2022

Post-Merge, If Lido Becomes Dominant, What Does That Mean for Ethereum? – Ep. 372

Ryan Berckmans, Ethereum investor and community member, and Alexandre Bergeron, Bitcoin investor, discuss Lido’s dominance as a liquid staking provider, whether that issue can be resolved, and how it could be a centralizing force for Ethereum. Show highlights: what stETH is, what the uses cases are for stETH, and why it is important how Lido had a first-mover advantage and how that...

Jul 05 2022

In the Recent Crypto Market Meltdown, What Role Did Lido’s stETH Play? – Ep. 370

Jul 05 2022 Published at Unchained Podcast under tags  2022 bitcoin collapse contagion crypto

Hasu, strategic advisor to Lido, and Tarun Chitra, founder of Gauntlet, explain everything about staked ETH, aka stETH, how it should be priced, Lido’s market dominance, and much more. Show highlights: the role of Lido, what stETH is, and what its benefits are whether Ethereum’s lack of delegated proof of stake contributes to the need for stETH why stETH is not mispriced and...

Jul 04 2022

Lido Shut Down Terra Support, Starts bLUNA And stLUNA Withdrawal

Jul 04 2022 Published at Coingape under tags  defi news lido news terra classic (lunc)

Defi staking protocol Lido has started unwinding Lido on Terra...

Jun 30 2022

A Staking Guide for Lido Finance

Jun 30 2022 Published at Altcoin Buzz under tags  lido liquid staking staking

Lido Finance offers liquid staking on their staked assets. They find themselves in a key position recently, with their stETH tokens. However, they offer more than just this token. In total, Lido staking offers 5 different tokens. When staking on Lido, you receive a new token that pegs 1:1 with the underlying asset. With this token, you can earn passive income on DeFi....

Jun 29 2022

Just-In: Lido Community Opposes To Limit Ethereum Staking, Here’s Why

Jun 29 2022 Published at Coingape under tags  ethereum (eth) lido news

The Lido community has voted to against the governance proposal limiting Ethereum staking on the Lido liquid staking protocol. The proposal has received 99% votes in opposition to self-limiting the percentage of Ethereum that can be staked. Lido Community Votes Against Proposal to Limit Ethereum Staking The Lido community is currently voting on the governance...

What Is Lido Finance?

Jun 29 2022 Published at Altcoin Buzz under tags  altcoin projects lido reviews staking

By now, most people in the crypto space know that Ethereum is about to change from PoW to PoS. The long-awaited Merge. This means that you can stake your ETH. Even before the Merge takes place. There are a few platforms that offer this service already. Lido Finance is the biggest among them....

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