What problem does liquid staking actually solve?
Running an independent validator on Ethereum requires staking at least 32 ETH and maintaining the node continuously.
LDO is the governance token of Lido DAO. Holders can vote on matters such as protocol rules and treasury spending.
The key thing to watch when managing funds: if you use LSTs for recursive borrowing to increase your position, beware of liquidation due to an LST trading at a discount.
$LDO 0.3752(+0.54%)
#LDO
For reference only. Not investment advice.
Running an independent validator on Ethereum requires staking at least 32 ETH and maintaining the node continuously.
LDO is the governance token of Lido DAO. Holders can vote on matters such as protocol rules and treasury spending.
The key thing to watch when managing funds: if you use LSTs for recursive borrowing to increase your position, beware of liquidation due to an LST trading at a discount.
$LDO 0.3752(+0.54%)
#LDO
For reference only. Not investment advice.