About Lido DAO
Lido DAO is a decentralized autonomous organization that governs the Lido liquid staking protocol. It lets users stake Ethereum and other proof-of-stake assets while keeping liquidity. Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish founded the project in 2020, and the Ethereum staking service launched on 19 December 2020. Users deposit ETH into the protocol, which distributes it across professional node operators running validators on Ethereum's proof-of-stake network. In return, users receive liquid staking tokens like stETH. These tokens have balances that adjust to reflect accruing staking rewards and can be used in DeFi applications including trading, lending, and yield strategies. The native token of Lido DAO is LDO, used exclusively for governance. Holders vote on protocol parameters, node operator assignments, fee structures, treasury spending, and upgrades. LDO has a fixed total supply of one billion tokens, all minted at inception. Distribution was governed by initial allocations and vesting schedules that were largely completed by the end of 2022. Lido DAO collects service fees from the staking protocol and directs them through LDO-holder governance toward development, liquidity incentives, grants, and contributor payments.
Lido Earn's vaults add onchain cover from Firelight
Lido adds Firelight as first line of loss protection for EarnETH and EarnUSD
Lido's enhanced protection for EarnETH and EarnUSD could boost depositor confidence, potentially attracting more users and capital inflow.
Lido files Blockworks B2 transparency report with 7 gaps still open
Lido's incomplete transparency report may impact investor confidence and governance clarity, affecting future institutional engagement and trust.
Lido Lend introduces Fallback Exits to give lenders a way out during market stress
Lido Lend proposes Fallback Exits, letting lenders withdraw using borrower collateral during market stress. Launch depends on Lido DAO approval.
Lido plans Morpho Blue fork ‘Lido Lend’ for new lending protocol in Q4 2026
Lido's entry into lending could enhance DeFi's appeal to passive investors, but governance and risk management will be critical challenges.
Sentora proposes AAVE V4 markets with 50% revenue share for DAO
Sentora's proposal could enhance DeFi market efficiency and governance, potentially setting a precedent for future DAO collaborations.
A sourced map of Lido DAO's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Lido DAO and the wider market, hosted by our team, will appear here once episodes are live.