Lido is a liquid staking solution for Ethereum and several other blockchains. Users can stake their ETH, and receive a return without having to maintain the infrastructure of the netwerk.More
Lido is a Decentral Autonomous Organization, where the token is primarily used as a governance token to participate in votations. It started out as an Ethereum solution but now it’s also possible to use Lido for the Polkadot, Polygon, Kusama and Solana blockchains. The tokens you stake are set in a smart contract.More
It’s possible to buy Lido DAO (LDO) at a crypto exchange like Coinmerce. You can easily pay with your credit card and receive your Lido tokens within minutes!More
Do you want to buy Lido DAO? You can buy Lido DAO using credit card or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Lido DAO, use the search function and click on the name. You can indicate the amount you want to buy Lido DAO for in the right window. Below is shown how much Lido DAO you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Lido DAO when the price of Lido DAO reaches your entered value. You can also execute a repeating order. Do you want to buy Lido DAO with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Lido DAO.
Lido DAO was founded by Konstantin Lomashuk, founder of P2P Validator and active in crypto since 2014. His companions were Vasiliy Shapovalov, a software developer and CTO of P2P Validator, and Jordan Fish who has been active in the crypto world since 2012. The idea behind "liquid staking" is that you can stake tokens without locking them. You stake your ETH or SOL tokens at Lido, after which you get st-tokens in return. If you stake 20 tokens of ETH, you get 20 stETH (staked Ether) in return, which you can use to trade again. This way you can earn a return on both your staked tokens and the st-tokens you received for them.