Lido liquid staking
Decentralized protocol enabling liquid staking of ETH, where users receive stETH tokens for rewards while maintaining DeFi liquidity.
What is Lido liquid staking?
Lido, launched in 2020, is Ethereum’s premier liquid staking solution, allowing users to stake any ETH amount for stETH (representing staked ETH plus rewards), with 27% of total staked ETH under management as of 2025.
Staking yields ~3-5% APR (daily rewards from Day 1), with a 10% fee split between node operators (for 97.63% uptime) and DAO treasury; users get 90% of rewards. Over 30 independent operators, including home stakers via modules like Simple DVT (using Obol/SSV for risk reduction), ensure decentralization, with stETH tradable on DEXs like Curve for liquidity.
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