Lido is a non-custodial liquid staking protocol that lets users stake crypto (notably Ethereum) in any amount and receive tokenized derivatives (e.g. stETH) in return. These derivatives accrue staking rewards while remaining liquid — users can trade, lend, or use them in DeFi without waiting for an unbonding period. Lido operates via a network of vetted node operators and is governed by the Lido DAO, distributing decision-making power among LDO token holders.
Crypto DAOs
vote.lido.fi is the governance interface for the Lido DAO, where holders of the LDO token can participate in decentralized decision-making by voting on proposals, delegating their voting power, or overriding delegates. The DAO handles key protocol parameters (such as fee splits, validator onboarding, staking limits, and module adjustments) under transparent governance rules executed via Aragon Voting.
The Lido Blog publishes updates and deep dives on protocol developments, community staking, governance mechanics, multichain expansions, institutional features, and research. Content includes technical guides, governance explainers, ecosystem reports, roadmap progress, and features aimed at both advanced users and newcomers.
Lido provides decentralized staking infrastructure that powers liquidity and yield across the broader DeFi ecosystem. By issuing liquid staking tokens such as stETH, it enables users to earn staking rewards while maintaining flexibility to use their assets in trading, lending, or collateralized applications. The protocol is governed by the Lido DAO and supported by a distributed network of validators, making it a key liquidity and security layer for Ethereum and other proof-of-stake networks.
Liquidity Pools
Lido contributes to DeFi liquidity by issuing liquid staking tokens like stETH, which can be freely traded or deposited into liquidity pools such as Curve, Balancer, or Uniswap. These tokens maintain exposure to staking rewards while remaining liquid, allowing users to earn multiple layers of yield. Lido thus powers a major segment of the liquidity pool ecosystem — connecting proof-of-stake rewards with decentralized trading and lending markets.