Lido FinanceLDO
Overview
What is Lido Finance?
Lido is a non-custodial staking protocol built on Ethereum and other blockchains. Lido was founded by a pseudo-anonymous team and launched in 2020.
How does Lido Finance work?
Stakers deposit funds into Lido and receive a return on investment in the form of staking rewards (supply-side fees).
Who governs Lido Finance?
LDO tokenholders own and govern the protocol. They currently take a cut of the total staking rewards earned by the protocol (revenue). Lido’s investors include ParaFi Capital, Bitscale Capital, KR1, etc.
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.