by Lido
Quick Fact
Lido staked over 1,000,000 ETH, making it the largest decentralized staking service for Ethereum 2.0.
Lido is a liquid staking solution for Ethereum, allowing users to earn staking rewards without locking their assets, thereby enriching the Ethereum ecosystem. Moreover, it provides integrated solutions to Web3 projects by offering staked-derivatives tokens for staking, increasing liquidity and enabling participation in on-chain activities.
Lido offers a highly efficient and decentralized staking solution for your web3 project. It simplifies the complexity of Ethereum staking, eliminates the need for running validators, and reduces the risk against slashing penalties. By integrating Lido into your project, you can ensure a smooth staking experience for your users and automatically increase staking participation.
Staking with Ethereum poses a serious liquidity challenge as staked assets are locked up and not easily accessible. Lido helps solve this problem by issuing stETH tokens on a 1:1 basis to staked Ethereum which can be freely traded, spent, or used as collateral in DeFi. By integrating this feature, your web3 project can continue to function seamlessly without the liquidity constraints posed by standard Ethereum staking.
The security of your web3 project is of paramount importance. Lido employs a multi-signature control for all key operations to assure uncompromised security. It provides a DAO for governance and key decisions which are made collectively, ensuring transparency and reducing the risk of centralization. With Lido, you can give your web3 project the advantage of robust security and decentralization.