Why does the amount of stETH in my wallet keep increasing every day?
LDO is the governance token of Lido DAO. Holders can vote on matters such as protocol parameters and the use of funds.
Some DeFi protocols don’t support tokens whose balances change automatically. In these cases, wrapper tokens such as wstETH are usually used.
$LDO is the governance token of Lido, a liquid staking protocol.
Had you heard about this before?
LDO is the governance token of Lido DAO. Holders can vote on matters such as protocol parameters and the use of funds.
Some DeFi protocols don’t support tokens whose balances change automatically. In these cases, wrapper tokens such as wstETH are usually used.
$LDO is the governance token of Lido, a liquid staking protocol.
Had you heard about this before?