Lido V3’s modular stVaults architecture adds common ETH staking products, along with institutional, non-custodial vaults. The staking channel has opened up more for large capital.
The logic is: as the staking ecosystem expands, first improve expectations for ETH holders’ yield, then pass that through to the governance token LDO. So, by looking at the LDO/ETH exchange rate—more than just the coin price—you can better judge the strength of the sector.
Current price: ETH 2480, down 0.8% in 24h; LDO 0.3740, down 4.2% in 24h, with an exchange rate of about 0.000151. LDO is underperforming ETH, and the market has not yet priced in this expansion catalyst. Only when the exchange rate rebounds above 0.000153 should it be considered stable; if it breaks below 0.000149, it remains weak.
In terms of pacing, follow ETH as the main thread. Only when the exchange rate for LDO and others strengthens should you move with it; don’t buy against the trend while the exchange rate is moving downward.#ETH #LDO
The logic is: as the staking ecosystem expands, first improve expectations for ETH holders’ yield, then pass that through to the governance token LDO. So, by looking at the LDO/ETH exchange rate—more than just the coin price—you can better judge the strength of the sector.
Current price: ETH 2480, down 0.8% in 24h; LDO 0.3740, down 4.2% in 24h, with an exchange rate of about 0.000151. LDO is underperforming ETH, and the market has not yet priced in this expansion catalyst. Only when the exchange rate rebounds above 0.000153 should it be considered stable; if it breaks below 0.000149, it remains weak.
In terms of pacing, follow ETH as the main thread. Only when the exchange rate for LDO and others strengthens should you move with it; don’t buy against the trend while the exchange rate is moving downward.#ETH #LDO