{"id":"lido-dao","title":"Lido DAO ","content":"**The Lido DAO (LDO)** is a [Decentralized Autonomous Organization](https://iq.wiki/wiki/dao) (DAO) that enables users to stake their [ETH](https://iq.wiki/wiki/ethereum) without locking assets or maintaining infrastructure. It provides liquidity for staked [proof-of-stake](https://iq.wiki/wiki/proof-of-stake) tokens by issuing users 1:1 tokenized versions of staked assets. [\\[6\\]](#cite-id-7gupt5yybu)\n\n[Lido Staked Ethereum](https://iq.wiki/wiki/lido-staked-ethereum-steth) (stETH) is an example of a token that represents staked [Ethereum](https://iq.wiki/wiki/ethereum) in [Lido](https://iq.wiki/wiki/lido-dao), combining the value of the initial deposit and staking rewards. [\\[9\\]](#cite-id-vvet2n00gzr)\n\nLido supports [Ethereum](https://iq.wiki/wiki/ethereum) and other layer-1 [proof-of-stake](https://iq.wiki/wiki/proof-of-stake) [blockchains](https://iq.wiki/wiki/blockchain), such as [Solana](https://iq.wiki/wiki/solana), [Polygon](https://iq.wiki/wiki/polygon), [Polkadot](https://iq.wiki/wiki/polkadot), and [Kusama](https://iq.wiki/wiki/kusama). Its voting power is determined by governance token (LDO), which decides the key parameters of liquid staking protocols. By participating in other [DeFi](https://iq.wiki/wiki/defi) on-chain activities, users can compound their staking rewards on Lido for additional yields. [\\[1\\]](#cite-id-oczp9v04vnn)[\\[2\\]](#cite-id-qusfq3sg4qi)[\\[3\\]](#cite-id-bg16qd4fcz8)\n\n$$widget0 [YOUTUBE@VID](L2BvW0si6nA)$$\n\n## History\n\nLido launched in December 2020, shortly after the [Ethereum](https://iq.wiki/wiki/ethereum) 2.0 Beacon Chain[\\[10\\]](#cite-id-n9u14h7h39) went live. [Staking](https://iq.wiki/wiki/staking) on the [Ethereum](https://iq.wiki/wiki/ethereum) blockchain presented challenges, including only allowing multiples of 32 ETH and requiring technical expertise to stake. [Staked](https://iq.wiki/wiki/lido-staked-ethereum-steth)[ ETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) were locked during the initial phase of ETH 2.0, preventing them from being used in other protocols. [\\[5\\]](#cite-id-1ynb666yfhk)\n\nLido offers non-custodial staking services as a potential solution to capital inefficiency issues, allowing users to tokenize their staked ETH as [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) and utilize it across other protocols. [\\[9\\]](#cite-id-vvet2n00gzr)\n\nLido's focus was initially only on [Ethereum](https://iq.wiki/wiki/ethereum). Still, it has expanded to other blockchains: Lido on [Solana](https://iq.wiki/wiki/solana) launched in September 2021, on [Polygon](https://iq.wiki/wiki/polygon) in November 2021, on [Polkadot](https://iq.wiki/wiki/polkadot) in May 2022, and on [Kusama](https://iq.wiki/wiki/kusama) in February 2022. Stakers of [Solana's](https://iq.wiki/wiki/solana) native SOL asset receive a derivative token, bSOL; [Polygon](https://iq.wiki/wiki/polygon) stakers receive stMATIC, [Polkadot](https://iq.wiki/wiki/polkadot) stakers receive stDOT, and [Kusama](https://iq.wiki/wiki/kusama) stakers receive stKSM. [\\[4\\]](#cite-id-ul4cky236o8)[\\[5\\]](#cite-id-1ynb666yfhk)[\\[6\\]](#cite-id-7gupt5yybu)\n\n## Lido Technology\n\nUsers can deposit ether into the Lido [smart contract](https://iq.wiki/wiki/smart-contract) on [Ethereum](https://iq.wiki/wiki/ethereum) 1.0 to receive [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) in return. [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) tokens can be used to participate in other decentralized protocols, such as lending. [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) tokens are [minted](https://iq.wiki/wiki/minting) upon deposit and [burned](https://iq.wiki/wiki/token-burn) when withdrawn. When deposited, ether is distributed among [node](https://iq.wiki/wiki/node) operators chosen by the Lido DAO and is locked into the [Ethereum](https://iq.wiki/wiki/ethereum) [proof-of-stake](https://iq.wiki/wiki/proof-of-stake) deposit contract. [\\[10\\]](#cite-id-n9u14h7h39)\n\n[Oracles](https://iq.wiki/wiki/oracle) facilitate communication between the beacon chain and the [Ethereum](https://iq.wiki/wiki/ethereum) 1.0 chain. Specifically, the [oracles](https://iq.wiki/wiki/oracle) monitor the balances of [validators](https://iq.wiki/wiki/validator) on the beacon chain, transmitting this information to Lido's [Ethereum](https://iq.wiki/wiki/ethereum) 1.0 [smart contract](https://iq.wiki/wiki/smart-contract) daily. The balance of [validators](https://iq.wiki/wiki/validator) may fluctuate due to rewards, slashing, and [staking](https://iq.wiki/wiki/staking) penalties. [\\[11\\]](#cite-id-zlwqbk1ols)\n\nThe [oracle](https://iq.wiki/wiki/oracle) updates the [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token ratio, with [staking](https://iq.wiki/wiki/staking) rewards exceeding slashing penalties, resulting in a profit. The [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) balance increases accordingly, and a 10% fee is applied to the [staking](https://iq.wiki/wiki/staking) rewards, with half allocated to [node](https://iq.wiki/wiki/node) operators as per their stake value and the other half sent to the Lido treasury. [\\[12\\]](#cite-id-blckb5ooi5q)\n\n$$widget0 [YOUTUBE@VID](0LyxSrAnIxU)$$\n\n## Tokenomics\n\nLido has two tokens: the [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token, a tokenized version of staked [Ethereum](https://iq.wiki/wiki/ethereum), and LDO, which grants governance rights in the Lido DAO.\n\n### stETH token\n\n[stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) is a token representing staked ether in Lido, combining the value of the initial deposit + [staking](https://iq.wiki/wiki/staking) rewards - penalties. [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) tokens are [minted](https://iq.wiki/wiki/minting) upon deposit and [burned](https://iq.wiki/wiki/token-burn) when redeemed. [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token balances are [pegged](https://iq.wiki/wiki/currency-peg) 1:1 to the [ETH](https://iq.wiki/wiki/ether-eth) staked using Lido. [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token balances are updated daily when the [oracle](https://iq.wiki/wiki/oracle) reports changes in total stakes.\n\n[stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) tokens can be used as one would use [ETH](https://iq.wiki/wiki/ether-eth), allowing users to earn [ETH 2.0](https://iq.wiki/wiki/ethereum) [staking](https://iq.wiki/wiki/staking) rewards whilst benefiting from, among other things, yields across [decentralized finance](https://iq.wiki/wiki/defi) products.\n\nThe [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token is a tokenized version of staked ether. When a user sends ether into the Lido [liquid staking](https://iq.wiki/wiki/liquid-staking) [smart contract](https://iq.wiki/wiki/smart-contract), the user receives the corresponding amount of [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) tokens. The [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token represents Lido users’ deposits and the corresponding [staking](https://iq.wiki/wiki/staking) rewards and slashing penalties. The [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token is a liquid alternative for the staked ether: it could be transferred, traded, or used in [DeFi](https://iq.wiki/wiki/defi) applications. Lido makes the [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) token balance track the balance of the corresponding beacon chain ether. A user’s balance of [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) tokens corresponds 1 to 1 amount of ether a user could receive if withdrawals were enabled and instant.\n\n### LDO token\n\nLDO is an [Ethereum](https://iq.wiki/wiki/ethereum) token granting governance rights in the Lido DAO. The Lido DAO governs a set of [liquid staking](https://iq.wiki/wiki/liquid-staking) protocols, decides on key parameters (e.g., fees), and executes protocol upgrades to ensure efficiency and stability. Holding the LDO token grants voting rights within the Lido DAO. The more LDO is locked in a user’s voting contract, the greater the decision-making power the voter gets. [\\[7\\]](#cite-id-x1ba09ncm6g)\n\n#### Launch & Initial Token Distribution\n\n1 billion LDO tokens were minted during the LDO launch in December 2020. The token allocation was as follows:\n\n* **DAO Treasury**: 36.32%\n* **Investors**: 22.18%\n* **Initial developers**: 20%\n* **Founders and future employees**: 15%\n* **Validators and withdrawal key signers**: 6.5%\n\nThe tokens have a one-year lock-up, which is followed by a one-year vesting period, except for the [DAO](https://iq.wiki/wiki/dao) Treasury. [\\[7\\]](#cite-id-x1ba09ncm6g)\n\n#### Utility\n\nThe LDO token grants voting rights in the Lido DAO, with voting weight proportional to the amount of LDO tokens [staked](https://iq.wiki/wiki/staking) in the voting contract. The Lido DAO is responsible for upgrades, [node](https://iq.wiki/wiki/node) operators, fee structures, and oracles.\n\nUsers receive a tokenized version of their staked assets. When [staking](https://iq.wiki/wiki/staking) on the [Ethereum](https://iq.wiki/wiki/ethereum) [blockchain](https://iq.wiki/wiki/blockchain) via Lido, users receive [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) in return (stPOLY for [staking](https://iq.wiki/wiki/staking) on the [Polygon](https://iq.wiki/wiki/polygon) [blockchain](https://iq.wiki/wiki/blockchain), and [stSOL](https://iq.wiki/wiki/lido-staked-sol-stsol) for staking on the [Solana](https://iq.wiki/wiki/solana) blockchain, etc.). These tokenized assets can be used in other decentralized protocols (e.g., lending). [\\[8\\]](#cite-id-m67wfxqq1j8)\n\n## LDO Buyback Proposal\n\nOn March 29, 2026, the Lido Ecosystem Operations team proposed a one-off buyback of the LDO governance token, citing a \"historically depressed valuation.\" The proposal noted a significant gap between LDO's market price, which was trading near its all-time low, and the protocol's underlying fundamentals. At the time of the proposal, the LDO-to-ETH ratio was at a 70% discount compared to its average over the prior two years. [\\[20\\]](#cite-id-lW67JcYtUNkt5XoK)\n\nThe plan suggested using up to 10,000 stETH, valued at approximately $20 million, from the DAO treasury for the buyback. This amount could potentially purchase around 65 million LDO tokens, representing about 8% of the circulating supply at the time. The Lido Growth Committee would be authorized to execute the purchases in 1,000 stETH batches across on-chain venues like CoW Swap and Uniswap, as well as centralized exchanges. This one-time action is separate from the pending NEST automated buyback program, which had not been activated due to market conditions. [\\[20\\]](#cite-id-lW67JcYtUNkt5XoK)\n\n## Governance\n\nLido’s governance follows three steps: open discussion, off-chain voting, and on-chain execution. This structure allows for broad participation, enabling community members to engage through public forums, gas-free signaling, and final protocol-level decisions at different stages.\n\nEach phase is publicly documented to ensure transparency and record proposal development and outcomes. The structured, time-bound process slows decision-making to minimize rushed or malicious proposals, supporting deliberate, decentralized governance aligned with Lido’s goals.  [\\[17\\]](#cite-id-K4sc3RynN1)\n\n### On-Chain Voting\n\nLido’s on-chain voting process is split into two phases: a main phase and an objection phase. In March 2025, the durations were extended to 72 hours for the main phase and 48 hours for the objection phase to improve voter engagement and address declining participation.\n\nThe adjustments respond to concerns about short voting windows, reduced active voting despite wider token distribution, and the need for oversight in delegated voting. The revised timeline gives participants more time to assess proposals and respond to delegated actions, aiming to balance timely decision-making with thorough community involvement. The voting schedule runs from Wednesday to Monday, allowing structured and deliberate governance. [\\[17\\]](#cite-id-K4sc3RynN1)\n\n### GateSeal\n\nGateSeal is an emergency mechanism in the Lido protocol that allows certain [smart contracts](https://iq.wiki/wiki/smart-contract) to be paused quickly in response to critical vulnerabilities. It prevents unauthorized fund movement by halting functions such as user withdrawals and [node](https://iq.wiki/wiki/node) operator exits while leaving the rest of the protocol operational to limit disruption.\n\nThe mechanism creates a time buffer, enabling the community to assess incidents and vote on solutions before contracts automatically resume. GateSeal can only be activated by a committee with at least 3 of 6 members in agreement, preventing unilateral decisions. Following recent governance updates, the pause duration is 11 days, allowing sufficient time for proposal preparation, voting, and re-voting if needed. [\\[17\\]](#cite-id-K4sc3RynN1)\n\n### DAO Committees\n\nLido DAO uses specialized committees to manage [node](https://iq.wiki/wiki/node) operations, rewards, and treasury oversight, combining subject-matter expertise with decentralized governance. [Multisig](https://iq.wiki/wiki/multi-signature-wallet) groups make decisions with set quorum requirements, and all actions are recorded on-chain to ensure transparency.\n\nFor treasury security, any [multisig](https://iq.wiki/wiki/multi-signature-wallet) holding over $50,000 must grant unlimited allowance to the Lido [Aragon](https://iq.wiki/wiki/aragon) Agent, allowing the [DAO](https://iq.wiki/wiki/dao) to recover funds if necessary. Routine operations are handled through the Easy Track system, which streamlines approvals while preserving accountability. [\\[17\\]](#cite-id-K4sc3RynN1)\n\n## Lido V3\n\n![](https://ipfs.everipedia.org/ipfs/QmaMSjJoiBraQ9SazGdjnh2WR7A3axeFosJi6J9ibcaS9p)\n\nIn February 2025, Lido implemented the Lido V3 testnet. V3 introduces stVaults, a modular [staking](https://iq.wiki/wiki/staking) framework that allows users to customize [validator](https://iq.wiki/wiki/validator) setups while maintaining access to [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) liquidity and integrations. This design supports tailored configurations for institutional stakers, [Node](https://iq.wiki/wiki/node) Operators, and asset managers, enabling strategies that align with specific compliance, operational, or financial goals.\n\nstVaults contribute to [Ethereum’s](https://iq.wiki/wiki/ethereum) decentralization by enabling [validator](https://iq.wiki/wiki/validator) diversity through user-defined fees, infrastructure, and bonding rules while maintaining [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) fungibility. The system balances security and performance by requiring bonded [ETH](https://iq.wiki/wiki/ether-eth) to reduce slashing risk and using dynamic fees to encourage [validator](https://iq.wiki/wiki/validator) competition. stVaults also offer optional upgradeability, allowing users to opt in or out of Lido governance, preserving flexibility and control within [Ethereum’s](https://iq.wiki/wiki/ethereum) decentralized framework. [\\[18\\]](#cite-id-gGuXk1PlFO) [\\[19\\]](#cite-id-XVPXzq0wkk)\n\n### stVaults\n\n![](https://ipfs.everipedia.org/ipfs/QmRcnyhJbEhkbqQeGbucZTd7QaiCXsyCHH1mBEzoeLZ3sK)\n\nstVaults in Lido V3 offer customizable staking setups that allow users to configure validation methods, fee structures, and risk-reward profiles while maintaining access to [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) liquidity. The system is designed to accommodate various stakeholders—institutions can meet compliance needs, [Node](https://iq.wiki/wiki/node) Operators gain access to high-volume stakers, and asset managers can adapt strategies using [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) as collateral.\n\nOperating alongside the Lido Core Protocol, stVaults are non-custodial and allow [ETH](https://iq.wiki/wiki/ether-eth) to be staked with selected [Node](https://iq.wiki/wiki/node) Operators. This enables personalized [staking](https://iq.wiki/wiki/staking) configurations while still [minting](https://iq.wiki/wiki/minting) [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth), providing broad integrations and liquidity access. To reduce slashing risks, stVaults use a [Reserve](https://iq.wiki/wiki/reserve) Ratio (RR) that requires a minimum bonded amount of [ETH](https://iq.wiki/wiki/ether-eth), keeping [minted](https://iq.wiki/wiki/minting) [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) overcollateralized. This approach enhances [stETH’s](https://iq.wiki/wiki/lido-staked-ethereum-steth) security and supports network stability through flexible bonding requirements and reputation-based risk management. [\\[18\\]](#cite-id-gGuXk1PlFO) [\\[19\\]](#cite-id-XVPXzq0wkk)\n\n#### Vault Customization\n\nstVaults offer customizable [staking](https://iq.wiki/wiki/staking) configurations that allow users to tailor validation setups, optimize reward strategies, and develop specialized products while leveraging the liquidity and security of [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth). Institutional users can create dedicated stVaults with selected [Node](https://iq.wiki/wiki/node) Operators, control access, and integrate as needed while maintaining non-custodial control over deposited [ETH](https://iq.wiki/wiki/ether-eth).\n\nstVaults also support leveraged [staking](https://iq.wiki/wiki/staking) by enabling strategies that source [ETH](https://iq.wiki/wiki/ether-eth) from primary or secondary markets. Additionally, they offer optional exposure to restaking, allowing participants to explore shared security models without affecting the broader Lido ecosystem. [\\[18\\]](#cite-id-gGuXk1PlFO) [\\[19\\]](#cite-id-XVPXzq0wkk)\n\n## Lido V2\n\nOn February 7, 2023, the Lido team proposed upgrading the Lido protocol. The two major focal points of the upgrade are: [\\[14\\]](#cite-id-46ea5419448)\n\n#### Staking Router\n\nLido's [Staking](https://iq.wiki/wiki/staking) Router is a major protocol upgrade that moves the operator registry to a modular and more composable architecture. The [Staking](https://iq.wiki/wiki/staking) Router will act as the nucleus of the Lido vision: a platform where stakers, developers, and [node](https://iq.wiki/wiki/node) operators can collaborate without friction and drive the future of a decentralized [Ethereum](https://iq.wiki/wiki/ethereum) together. [\\[12\\]](#cite-id-blckb5ooi5q)\n\nStakers will benefit from a more diverse and secure [Node](https://iq.wiki/wiki/node) Operator set, as their deposits will be distributed over many independent entities, mitigating network downtime risk and improving [Ethereum’s](https://iq.wiki/wiki/ethereum) resiliency. [\\[12\\]](#cite-id-blckb5ooi5q)\n\n[Node](https://iq.wiki/wiki/node) Operators benefit through the new modules, and additional types of [Node](https://iq.wiki/wiki/node) Operators, such as solo stakers, small groups, [DAOs](https://iq.wiki/wiki/dao), and professional [node](https://iq.wiki/wiki/node) operators, can increase their avenues of participating in the Lido protocol. [\\[12\\]](#cite-id-blckb5ooi5q)\n\nFor developers, users can propose and implement modules using different [node](https://iq.wiki/wiki/node) operator compositions and with various competitive characteristics (such as cover options and fee structures) and apply for inclusion into the [Staking](https://iq.wiki/wiki/staking) Router’s module set. [\\[12\\]](#cite-id-blckb5ooi5q)\n\n### Withdrawals\n\nWithdrawals enable users to unstake their stETH and, in return, receive ETH at a 1:1 ratio for their staked ETH. The withdrawal mechanism added to Lido’s protocol design includes two modes: [\\[12\\]](#cite-id-blckb5ooi5q)\n\n* **Turbo Mode** is the default mode unless a catastrophic event or unforeseen scenario affects the [Ethereum](https://iq.wiki/wiki/ethereum) network. In [Turbo](https://iq.wiki/wiki/turbo) Mode, withdrawal requests are fulfilled quickly, using all available [ETH](https://iq.wiki/wiki/ether-eth) from user deposits and rewards. The time to exit the network is uncertain; however, in the best case, withdrawal requests can be processed within hours without requiring a [validator](https://iq.wiki/wiki/validator) exit. [\\[13\\]](#cite-id-4fcpyj3hez8)\n* **Bunker Mode** is proposed to process withdrawals in an orderly manner under catastrophic scenarios. Its purpose is to prevent sophisticated actors from gaining an unfair advantage against other stakers by delaying withdrawals in the whole protocol and socializing the negative impact. [\\[13\\]](#cite-id-4fcpyj3hez8)\n\n## Advanced DeFi Strategies for stETH Launch\n\nIn June 2024, Lido announced a partnership with Mellow Finance - one of two inaugural Lido Alliance members alongside [Drop](https://iq.wiki/wiki/drop) - to provide stETH holders with access to a number of advanced DeFi vaults - including restaking - in collaboration with [Symbiotic](https://iq.wiki/wiki/symbiotic). [\\[14\\]](#cite-id-46ea5419448)\n\nThe vaults are part of Lido's vision to enter the [Ethereum](https://iq.wiki/wiki/ethereum) restaking space and to provide [Ethereum](https://iq.wiki/wiki/ethereum) stakers with access to restaking opportunities. [\\[14\\]](#cite-id-46ea5419448)\n\nThe advanced DeFi strategies are launched in collaboration with Mellow Finance, a restaking primitive enabling permissionless [Liquid](https://iq.wiki/wiki/liquid) Restaking Token (LRT) creation based on individual risk profiles and curation models. [\\[14\\]](#cite-id-46ea5419448)\n\n## Decentralized Validator Vault\n\nIntroduced on August 13, 2024, the Decentralized [Validator](https://iq.wiki/wiki/validator) Vault (the “Vault”) - implemented by Mellow - is designed to boost the number of Distributed [Validators](https://iq.wiki/wiki/validator) active in the Simple DVT Module, advance the decentralization and resilience of the Lido on [Ethereum](https://iq.wiki/wiki/ethereum) [node](https://iq.wiki/wiki/node) operator set, improve network security, and allow stakers to potentially benefit from DVT provider incentives. [\\[16\\]](#cite-id-ytird3upx1)[\\[15\\]](#cite-id-ghmzvij9yv6)\n\n> \"This vault aims to boost the adoption of Distributed Validators via the Lido Simple DVT Module, enhancing network security and increasing overall validator numbers.\" - the team tweeted[\\[16\\]](#cite-id-ytird3upx1)\n\nThis Vault will stake [ETH](https://iq.wiki/wiki/ether-eth) through Lido on [Ethereum](https://iq.wiki/wiki/ethereum), with 90% of potential Obol and [SSV Network](https://iq.wiki/wiki/ssv-network) incentives directed to vault stakers, with 10% going toward [Node](https://iq.wiki/wiki/node) Operators. The Vault offers stakers the chance to receive [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) rewards and DVT provider incentives from protocols like [SSV](https://iq.wiki/wiki/ssv-network), Obol, and Mellow. [\\[16\\]](#cite-id-ytird3upx1)\n\n## Partnerships\n\n* [AAVE](https://iq.wiki/wiki/aave)\n* [Uniswap](https://iq.wiki/wiki/uniswap)\n* [Curve](https://iq.wiki/wiki/curve-finance)\n* [Coinbase](https://iq.wiki/wiki/coinbase)\n* [MetaMask](https://iq.wiki/wiki/metamask)\n* Ledger\n* [Balancer](https://iq.wiki/wiki/balancer)\n* [Yearn](https://iq.wiki/wiki/yearn)\n* [Convex](https://iq.wiki/wiki/convex-finance)\n* [Sushi](https://iq.wiki/wiki/sushiswap)\n* [1inch](https://iq.wiki/wiki/1inch)\n* [Alchemy Pay](https://iq.wiki/wiki/alchemy-pay)\n* [Rocket Pool](https://iq.wiki/wiki/rocket-pool)\n* [EigenLayer](https://iq.wiki/wiki/eigenlayer)\n* [CoinGecko](https://iq.wiki/wiki/coingecko)\n* [CoinMarketCap](https://iq.wiki/wiki/coinmarketcap)\n* [Nansen](https://iq.wiki/wiki/nansen)","summary":"Lido DAO (LDO) is a decentralized autonomous organization enabling liquid staking for Ethereum and other proof-of-stake blockchains without locking assets or ne...","images":[{"id":"QmTrZweq1jyK6gaFZPJGr562VSEaU7ukfdfbDYv69bn4ZD","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"tags":[{"id":"Ethereum"},{"id":"Polkadot"},{"id":"Blockchains"}],"media":[{"id":"QmTHtKwW2LXfgdC9qozP7haBghaYgBKkLfr464zBGou83X","size":"0.031","name":"image","type":null,"source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=0LyxSrAnIxU","size":"0","name":"0LyxSrAnIxU","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=XfGxOTaz5Io","size":"0","name":"XfGxOTaz5Io","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=L2BvW0si6nA","size":"0","name":"L2BvW0si6nA","type":null,"source":"YOUTUBE"},{"id":"QmaMSjJoiBraQ9SazGdjnh2WR7A3axeFosJi6J9ibcaS9p","size":null,"name":"v3-1.png","type":null,"source":"IPFS_IMG"},{"id":"QmRcnyhJbEhkbqQeGbucZTd7QaiCXsyCHH1mBEzoeLZ3sK","size":null,"name":"stVaults.png","type":null,"source":"IPFS_IMG"}],"metadata":[{"id":"website","value":"https://lido.fi/"},{"id":"contract_url","value":"https://etherscan.io/token/0x5a98fcbea516cf06857215779fd812ca3bef1b32"},{"id":"twitter_profile","value":"https://twitter.com/lidofinance"},{"id":"reddit_profile","value":"https://www.reddit.com/r/LidoFinance/"},{"id":"telegram_profile","value":"https://t.me/lidofinance"},{"id":"github_profile","value":"https://github.com/lidofinance"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/lido-dao/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/lido-dao"},{"id":"references","value":"[{\"id\":\"oczp9v04vnn\",\"url\":\"https://lido.fi/faq\",\"description\":\" FAQs\",\"timestamp\":1660184471461},{\"id\":\"qusfq3sg4qi\",\"url\":\"https://www.cryptocompare.com/coins/ldo/overview\",\"description\":\" Crypto Compare - about LIDO\",\"timestamp\":1660184479528},{\"id\":\"bg16qd4fcz8\",\"url\":\"https://x.com/lidofinance\",\"description\":\" X profile\",\"timestamp\":1723637312773},{\"id\":\"ul4cky236o8\",\"url\":\"https://lido.fi/static/Lido:Ethereum-Liquid-Staking.pdf\",\"description\":\"whitepaper\",\"timestamp\":1660184522958},{\"id\":\"1ynb666yfhk\",\"url\":\"https://decrypt.co/resources/what-is-ethereum-2-0\",\"description\":\" Ethereum 2.0\",\"timestamp\":1660184545554},{\"id\":\"7gupt5yybu\",\"url\":\"https://lido.fi/\",\"description\":\" official website\",\"timestamp\":1660184684091},{\"id\":\"x1ba09ncm6g\",\"url\":\"https://messari.io/asset/lido-dao/profile/launch-and-initial-token-distribution\",\"description\":\"Messari on tokenomics\",\"timestamp\":1675966195588},{\"id\":\"m67wfxqq1j8\",\"url\":\"https://messari.io/asset/lido-dao/profile/token-usage\",\"description\":\"Messari on utility\",\"timestamp\":1675966221981},{\"id\":\"vvet2n00gzr\",\"url\":\"https://news.shardlabs.io/lido-for-polygon-launch-plan-f08a5163619b\",\"description\":\"lido on polygon\",\"timestamp\":1676027709461},{\"id\":\"n9u14h7h39\",\"url\":\"https://ethereum.org/en/upgrades/beacon-chain/\",\"description\":\"eth 2.0 beacon chain\",\"timestamp\":1676029392412},{\"id\":\"zlwqbk1ols\",\"url\":\"https://messari.io/asset/lido-dao/profile/technology\",\"description\":\"Messari on technology\",\"timestamp\":1676030049466},{\"id\":\"blckb5ooi5q\",\"url\":\"https://blog.lido.fi/introducing-lido-v2/\",\"description\":\"Lido V2\",\"timestamp\":1676031671230},{\"id\":\"4fcpyj3hez8\",\"url\":\"https://hackmd.io/@lido/SyaJQsZoj#How-Ethereum-penalties-amp-slashing-work\",\"description\":\"withdrawals on lido\",\"timestamp\":1676032232057},{\"id\":\"46ea5419448\",\"url\":\"https://blog.lido.fi/advanced-defi-strategies-for-steth-with-mellow/\",\"description\":\"Advanced DeFi Strategies for stETH with Mellow Finance\\n\",\"timestamp\":1723636921105},{\"id\":\"ghmzvij9yv6\",\"url\":\"https://blog.lido.fi/decentralized-validator-vault-mellow-obol-ssv/\",\"description\":\"The Decentralized Validator Vault ft. Mellow, Obol & SSV.\",\"timestamp\":1723638048743},{\"id\":\"ytird3upx1\",\"url\":\"https://x.com/LidoFinance/status/1823377400983359643\",\"description\":\"DVV introduction tweet\",\"timestamp\":1723638121183},{\"id\":\"K4sc3RynN1\",\"description\":\"DAO Governance Security | Lido Blog\",\"timestamp\":1750101066676,\"url\":\"https://blog.lido.fi/lido-dao-governance-security-measures-oversight/\"},{\"id\":\"gGuXk1PlFO\",\"description\":\"Lido V3 | Lido Blog\",\"timestamp\":1750101177427,\"url\":\"https://blog.lido.fi/lido-v3-ethereum-staking-infrastructure/\"},{\"id\":\"XVPXzq0wkk\",\"description\":\"Lido Staking Vaults\",\"timestamp\":1750101382027,\"url\":\"https://hackmd.io/@lido/stVaults-design?ref=blog.lido.fi\"},{\"id\":\"lW67JcYtUNkt5XoK\",\"url\":\"https://www.theblock.co/post/395584/lido-dao-proposes-20-million-one-off-ldo-buyback-as-token-hovers-near-all-time-low?utm\\\\_source=twitter\\\\&utm\\\\_medium=social\",\"description\":\"The Block on LDO Buyback Proposal\",\"timestamp\":1774823193758}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmdR3ZGhT4z5Q3mB8gJiqyQNgkRQNvoXzDrowAL3SfYX8F\""},{"id":"commit-message","value":"\"Removed overview section\""},{"id":"previous_cid","value":"QmdR3ZGhT4z5Q3mB8gJiqyQNgkRQNvoXzDrowAL3SfYX8F"}],"events":[{"date":"2020-12-01","title":"Date Founded","type":"CREATED","description":"Lido launched in December 2020","link":"https://lido.fi/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"39526ebb-f773-4944-9c08-fc133ef2d515"},{"date":"2024-06-01","title":"Advanced DeFi Strategies for stETH Launch","type":"DEFAULT","description":"the Advanced DeFi Strategies for stETH was launched in June 2024","link":"https://blog.lido.fi/advanced-defi-strategies-for-steth-with-mellow/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"73da036d-af27-4651-9680-e7e71c9ff2e7"},{"date":"2024-08-01","title":"Decentralized Validator Vault Launch","type":"DEFAULT","description":"the Decentralized Validator Vault was introduced in August 2024","link":"https://x.com/LidoFinance/status/1823377400983359643","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"9f83d02e-df38-494a-a499-316c42092f7f"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x51f01C580d4Bf9dE0E8d43F8bABa80512594D5e3"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum"],"founders":["vasiliy-shapovalov"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"3ffb9fcd-d986-4431-8060-9229675acaa2\",\"title\":\"Lido DAO \",\"description\":\"Lido DAO (LDO) is a decentralized autonomous organization enabling liquid staking for Ethereum and other proof-of-stake blockchains without locking assets or ne...\",\"timestamp\":\"2026-03-29T22:31:29.783Z\",\"category\":\"Cryptocurrencies\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x51f01C580d4Bf9dE0E8d43F8bABa80512594D5e3\",\"address\":\"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Summary\",\"subtitle\":\"The summary text was updated.\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Updated the summary text by truncating it.\"]},{\"title\":\"LDO Buyback Proposal\",\"subtitle\":\"A new section regarding a LDO buyback proposal was added.\",\"variant\":\"added\",\"changeCount\":1,\"changes\":[\"Added details about the March 2026 LDO buyback proposal, including the rationale and plan to use 10,000 stETH from the DAO treasury. [[20]](#cite-id-lW67JcYtUNkt5XoK)\"]},{\"title\":\"Content\",\"subtitle\":\"Minor updates were made to several sections, including the addition of new links.\",\"variant\":\"modified\",\"changeCount\":6,\"changes\":[\"Added a link for 'Aragon' in the 'DAO Committees' section.\",\"Added a link for 'Reserve' in the 'stVaults' section.\",\"Added a link for 'Staking' in the 'Staking Router' section.\",\"Added a link for 'Turbo' in the 'Withdrawals' section.\",\"Added links for 'Drop', 'Symbiotic', and 'Liquid' in the 'Advanced DeFi Strategies for stETH Launch' section.\",\"Added a link for 'Validator' in the 'Decentralized Validator Vault' section.\"]},{\"title\":\"Events\",\"subtitle\":\"The data structure for events was updated.\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Updated event dates from YYYY-MM to a more specific YYYY-MM-DD format.\",\"Added new null-valued fields (`continent`, `country`, `multiDateStart`, `multiDateEnd`) to event objects.\"]},{\"title\":\"Images\",\"subtitle\":\"Image metadata was updated.\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Updated image metadata by removing the 'caption' and 'thumbnail' fields and adding 'size' and 'type' fields.\"]},{\"title\":\"References\",\"subtitle\":\"The list of references was updated with additions and removals.\",\"variant\":\"modified\",\"changeCount\":8,\"changes\":[\"Added reference: 'The Block on LDO Buyback Proposal'\",\"Removed reference: 'proposal submission site'\",\"Removed reference: 'forum'\",\"Removed reference: 'Messari on governance'\",\"Removed reference: 'lido on kusama'\",\"Removed reference: 'Messari n history'\",\"Removed reference: 'lido v2 tweet'\",\"Removed reference: 'lido staked ether'\"]},{\"title\":\"Metadata\",\"subtitle\":\"The 'speakers' metadata field was removed.\",\"variant\":\"removed\",\"changeCount\":1,\"changes\":[\"Removed the 'speakers' metadata field from the wiki.\"]}]}]}"}