Lido eyes new era for ETH staking with v3 upgrade
Lido, the largest Ethereum staking protocol, is set to revamp the Ethereum staking landscape with the introduction of Lido v3. This new era of Ethereum (ETH) staking comes with the launch of stVaults, the modular customizable infrastructure that will see Lido (LDO) bring institutions to the ETH staking ecosystem. Lido v3 also means advanced staking […]
Lido co-founder hints at second Ethereum Foundation
Konstantin Lomashuk, Lido Finance’s co-founder, teased a “Second Foundation” for Ethereum as the community debated ongoing changes to administrative structures. Lomashuk first suggested the idea in December, expressing reservations about the Ethereum (ETH) Foundation’s operations amid broad community backlash. “The idea of a ‘Second Foundation’ is more about creating competition between different groups, giving the […]
Aave and Lido surpass $70b in net deposits, leads DeFi
Aave and Lido together have surpassed $70 billion in net deposits for the first time in history, as per Token Terminal. Aave (AAVE) is in the leading position with $34.3 billion, just ahead of Lido Finance’s (LDO) $33.4 billion. The two protocols together represent 75.25% of the $89.52 billion allocated to the top five Decentralized applications, […]
