Lido DAO xarid qiling.

Lido DAO (LDO) is the governance token of Lido, the largest liquid staking protocol on Ethereum and other proof-of-stake blockchains. Lido allows users to stake their assets — like ETH, SOL, or MATIC — while still retaining liquidity through the issuance of liquid staking tokens such as stETH. These tokens can be used across DeFi platforms to earn additional yield, trade, or provide liquidity, all while continuing to earn staking rewards.

The Lido protocol eliminates the need for users to run their own validators or lock up assets long-term. Instead, users deposit tokens into the Lido smart contract, and in return, receive a 1:1 liquid staking token that reflects their share of the staked pool and auto-compounds rewards.

LDO enables decentralized governance of the Lido protocol. Token holders can vote on proposals, validator sets, protocol parameters, and treasury allocations — ensuring that key decisions are made collectively by the community. LDO also plays a strategic role in shaping how staking rewards and incentives are distributed across supported chains.

LDO is currently priced at $0.63, with a market capitalization of $536,014,809. The token reached its all-time high of $7.30 on August 20, 2021. There are 846,566,802.59 LDO tokens in circulation, from a total supply of 1,000,000,000, with a maximum supply capped at 1,000,000,000.

As liquid staking becomes part of Ethereum’s post-merge landscape, Lido DAO is known for its scale, operational framework, and integration with DeFi protocols. It is used by participants seeking access to staking rewards alongside asset liquidity. 

You can buy Lido DAO using your credit or debit card directly on Nexo, or explore other payment options for the purchase. If you’re ready to proceed, head over to the Nexo Exchange where you can buy LDO.