Lido DAO

The vote is half of a proposed $29 million token sale involving the liquidation of 2% of the Lido DAO (LDO) token supply for DAI. The post Lido DAO voting on proposed $14.5 million token sale to Dragonfly Capital appeared first on The Block.

Lido DAO voting on proposed $14.5 million token sale to Dragonfly Capital

If the deal gets approved, the Lido treasury will receive $29 million in the DAI stablecoin from investors. The post Lido Finance proposal wants Lido DAO to sell 2% of all LDO tokens appeared first on The Block.

Lido Finance proposal wants Lido DAO to sell 2% of all LDO tokens

Aave

Curve DAO Token

Several DeFi tokens, including Lido and Aave, have enjoyed hefty, double-digit gains over the past seven days.

DeFi Tokens Lido, Aave, Curve Post Whopping Weekly Gains Amid Crypto Market Recovery

stETH's expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.

Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO For DAI

The liquid staking giant says it wants to bring staked ETH (stETH) to the Ethereum Layer 2 decentralized finance space. The post Lido to launch liquid staking on Ethereum Layer 2 networks appeared first on The Block.

Lido to launch liquid staking on Ethereum Layer 2 networks

Lido DAO (CRYPTO: LDO), a staking solution for Ethereum (CRYPTO: ETH), has rallied by 215% over the last week. What Happened: According to data from Benzinga Pro, LDO rallied from a weekly low of $0.58 on July 12 to a high of $1.83 on July 17.

Liquid Ethereum Staking Solution Surges 200% Weekly As Merge Gets Tentative Date

The under-the-radar token of a decentralized autonomous organization (DAO) is surging this week, more than doubling its value. The native token of Lido DAO (LDO) has skyrocketed from a seven-day low of $0.58 to a high of $1.25, marking an increase of 115.52% in just one week.

Under-the-Radar Altcoin Surges More Than 115% in Seven Days, Defying the Crypto Market Doldrums

DeFi degens are depositing ETH onto Lido Finance in exchange for stETH, in the hopes of redeeming it for more valuable ETH after The Merge.

How Ethereum Stakers on Lido Finance Are Trading the Merge

Ethereum

Several DeFi tokens, including Aave and Lido, have shown strong gains following increased on-chain user activity.

DeFi Tokens Aave, Lido Rally Alongside Ethereum Recovery

Lido's Staked Ethereum was at the center of controversy last month. Now, it's stabilizing, prompting a swift rise in its native token.

Lido Token Jumps 24% as Staked Ethereum Slowly Repegs

The Lido community is strongly against any attempt to force the platform to limit its Ethereum staking market share. The post Lido community strongly against limiting its Ethereum staking dominance appeared first on The Block.

Lido community strongly against limiting its Ethereum staking dominance

The Lido community is currently voting against a proposal that would limit how much Ethereum can be staked on the platform.

Lido Community Signals Intent to Keep Ethereum Staking Uncapped

After a month of debating the issue, the Lido DAO is voting on whether to dilute its Ethereum staking dominance. The post Lido DAO begins voting on whether to limit its Ethereum staking dominance appeared first on The Block.

Lido DAO begins voting on whether to limit its Ethereum staking dominance

After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn't.

Lido Finance Warns Leverage Is a ‘Hell of a Drug'

While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and […]

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

Curious about staking Ethereum? This week's DeFi D.I.Y.

DeFi DIY: How to Stake Ethereum on Lido Finance

A widely-followed crypto analyst says one decentralized autonomous organization (DAO) may amass a monumental influence over leading smart contract platform Ethereum (ETH). In a new video update, the pseudonymous host of Coin Bureau known as Guy tells his two million YouTube subscribers that liquid staking protocol Lido Finance could eventually become the de facto governance […] The post One Crypto Project Could Gain Unbelievable Influence Over Ethereum, According to Coin Bureau appeared first on The Daily Hodl.

One Crypto Project Could Gain Unbelievable Influence Over Ethereum, According to Coin Bureau

Terra

Lido Finance has decided not to support the new Terra blockchain when it launches, due to perceived risks. The post Lido Finance refuses to support Terra's new blockchain appeared first on The Block.

Lido Finance refuses to support Terra's new blockchain

Singapore-based exchange giant Crypto.com is adding two small-cap altcoins to its roster amid a market-wide slump. First up is Lido DAO (LDO), the governance token of decentralized staking platform Lido Finance which offers staking solutions across several popular blockchains. Lido's decentralized autonomous organization (DAO) grants holders of the Ethereum (ETH)-based token voting rights on project […] The post Digital Asset Exchange Crypto.com Lists Two Low-Cap Altcoins As Crypto Markets Search for Support appeared first on The Daily Hodl.

Digital Asset Exchange Crypto.com Lists Two Low-Cap Altcoins As Crypto Markets Search for Support

The world's largest crypto exchange is adding a decentralized staking platform to its roster of assets. In a new announcement, Binance says it's listing Lido DAO (LDO), the governance token of Lido Finance which offers staking solutions across several popular blockchains. Lido's decentralized autonomous organization (DAO) grants holders of the Ethereum (ETH) token voting rights […] The post Binance To List Andreessen Horowitz-Backed DeFi Altcoin Built On Ethereum Amid Crypto Market Collapse appeared first on The Daily Hodl.

Binance To List Andreessen Horowitz-Backed DeFi Altcoin Built On Ethereum Amid Crypto Market Collapse

After today, Lido's smart contracts hold more assets than the top decentralized exchange Curve Finance. The post Lido Finance overtakes Curve to become the biggest DeFi protocol by TVL appeared first on The Block.

Lido Finance overtakes Curve to become the biggest DeFi protocol by TVL

NEAR Protocol

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication:

News for Lido DAO Crypto (LDO)