#Can the LidoDAO (LDO) make money from Liquidity Staking?
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empresa-journal · 2 years ago
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Can the LidoDAO (LDO) make money from Liquidity Staking?
Can the LidoDAO (LDO) make money from Liquidity Staking?
Liquidity staking is all the rage in decentralized finance these days. For example, the Lido DAO (LDO) was CoinMarketCap’s 10th most trending cryptocurrency on 4 January 2023. The Lido DAO (Decentralized Autonomous Organization) had $6.165 billion in total staking assets on 5 January 2023. Lido claims to have paid $265.938 million in total rewards to 245,382 stakers as of 5 January 2023. How…
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