Lido

WHAT IS LIDO? Lido is a liquid staking protocol that allows users to stake cryptocurrencies (primarily Ethereum) and receive staking rewards without locking up their assets. Users deposit crypto and receive liquid staking tokens (stTokens) that can be used across DeFi protocols while earning yield. WHO IS IT FOR? • Cryptocurrency holders wanting staking rewards without asset lockup • DeFi users who want yield while maintaining liquidity • Investors seeking passive income from blockchain validation • Those with smaller crypto holdings unable to run validators alone KEY FEATURES • Liquid staking for Ethereum, Polygon, Solana, and other networks • Receive stTokens representing staked assets • Use staked assets in DeFi protocols simultaneously • No minimum stake requirement • Daily reward distributions • Non-custodial (users maintain control) PROS • High liquidity—stTokens trade freely on exchanges • Competitive staking APY compared to solo staking • User-friendly interface for non-technical users • Multi-chain support expands opportunities • Transparent fee structure CONS • Fees reduce overall returns • Smart contract risk inherent to DeFi protocols • Less control than solo staking validators • Reward rates subject to network conditions • Regulatory uncertainty around staking products