Introduced in 2020, Lido Finance is a popular liquid stacking solution in the DeFi (decentralized finance) sector. It provides a transparent, secure and reliable platform for staking digital tokens from several networks like Polygon, Ethereum, and Solana. Presently handling over $14 billion in staked virtual assets and serving around 300,000 stakers. Lido allows users to get daily perks and use their stTokens in the bigger DeFi ecosystem.
DAO (Decentralized Autonomous Organization) oversees the governance of Lido Staking, fostering active community engagement and making decisions. Lido Finance has undergone various stringent audits, ensuring its commitment to safety and reliability in the rapidly growing cryptocurrency market.