Why You Should Own ATLEAST +850 Lido Finance🤑 LDO Price Prediction

Описание к видео Why You Should Own ATLEAST +850 Lido Finance🤑 LDO Price Prediction

Why You Should Own ATLEAST +850 Lido Finance🤑 LDO Price Prediction
after the launch of ETH 2.0, Lido is a liquid staking solution available on ETH 2.0.
Okay so we all know that staking basically locks your assets, well because of this, Lido DAO came up with a solution called liquid staking that allows assets to be liquified and used for other protocols.
The term liquid staking refers to the act of receiving liquid tokens in return for depositing tokens. Liquid tokens can be used to stake on other blockchain protocols or even buy coins that you feel are gonna pump. So for example, you stake ethereum with lido and you get, in this case, stETH. This stETH can be staked on another platform like curve in an effort to amplify your APY. But guys Lido DAO has become one of the most popular platforms for liquid staking, reaching over $13 billion in staked assets within a year of its inception. Initially developed with a focus on Ethereum, but now lido has expanded to other blockchain networks like Terra and Solana.

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DISCLAIMERS: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.


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