Bitcoin BTC VS Lido dao token 🔥 Bitcoin price 🔥 Lido dao news 🔥 Lido dao crypto 🔥 ldo token price
Lido dao news 🔥 Lido dao crypto 🔥 ldo token price 🔥 Bitcoin BTC VS Lido dao token 🔥 Bitcoin price 🔥 Lido dao price
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⚡ What is lido dao token? ----------------------------------------------
A Staking Solution Provider for Multiple Chains.
Lido Finance is a staking solution provider which provides services for Ethereum 2.0, Terra, Solana and Kusama. Users who stake with Lido are able to maintain the control and liquidity of their staked tokens.
LDO is the native token of the project. The current use cases for LDO include:
Governance: Users can vote for proposals to decide on key parameters such as setting fees, assigning node operators and oracles.
Value Accrual: There is a 10% fee on staking rewards that are split between node operators, the DAO, and a slashing insurance fund. The Lido DAO accrues value through receiving 5% of all staking rewards in real-time.
Liquidity Incentive: Users can provide liquidity to the liquid-staking tokens to receive LDO rewards.
The project consists of the following major components working in conjunction:
Liquid Staking: Users can stake the supported Proof-of-Stake (PoS) assets to receive a liquid token with accrued staking rewards without worrying about the steps and infrastructure required for staking.
As of May 9th 2022, the maximum and total token supply of LDO is 1,000,000,000. The current circulating supply is 338,291,584 (~34% of the total token supply).
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⚡ Our videos ARE NOT financial advice-----------------
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments. CryptoOK and affiliates are not responsible for individual loss due to poor trading decisions or any other actions which may lead to loss of funds.
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Cryptocurrency, cryptocurrency news today, cryptocurrency trading, cryptocurrency trading strategy, cryptocurrency technical analysis, cryptocurrency price prediction, crypto, crypto news today, crypto technical analysis, crypto price prediction
#bitcoin #btc #ldo #crypto
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