#lido staking

[christophbergmann]

Diva Staking – der ersehnte Vampire-Angriff auf Lido?

Diva Staking – der ersehnte Vampire-Angriff auf Lido? Lido, der absolute Marktführer im Staking von Ethereum, bekommt Konkurrenz. Mit Diva betritt ein ausgereiftes Protokoll den Markt, das das verteilte Staking noch weiter verteilt. Mit einem Giveaway versucht es, Lido-Staker zum Wechsel zu motivieren.

Lido, der absolute Marktführer im Staking von Ethereum, bekommt Konkurrenz. Mit Diva betritt ein ausgereiftes Protokoll den Markt, das das verteilte Staking noch weiter verteilt. Mit einem Giveaway versucht es, Lido-Staker zum Wechsel zu motivieren. Continue reading Untitled

[empresa-journal]

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…

[lidofinance]

Lido Finance: A Comprehensive Guide to Liquid Staking and Decentralized Finance on Ethereum

Lido Finance Overview

Lido Finance is a decentralized finance (DeFi) platform focused on providing liquid staking services primarily for Ethereum 2.0 and other proof-of-stake (PoS) blockchains. Traditional staking often requires users to lock up their tokens, which limits their liquidity. However, with Lido, users can stake their tokens while retaining liquidity through derivatives. For instance, if a user stakes ETH on Lido, they receive "stETH" in return, a liquid token that represents their staked Ether and its potential staking rewards. This derivative can be traded, lent, or used in other DeFi protocols, allowing users to remain flexible with their assets even while earning staking rewards.

Key Features of Lido Finance

Liquid Staking: By providing a staked token derivative (such as stETH for Ethereum), Lido enables users to enjoy liquidity while earning staking rewards, a feature that sets it apart from traditional staking protocols.

Multi-chain Staking Solutions: Lido initially focused on Ethereum but has since expanded to other PoS blockchains, including Solana, Polygon, and Polkadot. Each blockchain has its own liquid staking derivative, making Lido a versatile choice for users across different ecosystems.

Decentralized Governance: Lido is governed by LidoDAO, a decentralized autonomous organization that oversees decisions on protocol upgrades, fee structures, and validator selection. LidoDAO token holders can participate in governance, proposing and voting on changes within the protocol.

Partnerships with Validators: Lido collaborates with professional validators to secure the network and ensure optimal performance. By distributing staking responsibilities across multiple validators, Lido reduces the risk of centralization while maintaining a robust staking infrastructure.

Smart Contract Audits and Security: Given the significant assets held in Lido, security is a major focus. Lido’s smart contracts are rigorously audited by multiple independent firms to minimize the risk of vulnerabilities.

How Lido Finance Works

Staking Process: When users stake assets with Lido, they receive a derivative token, such as stETH for Ethereum. This derivative token mirrors the value of the staked assets, including any staking rewards accrued over time.

Yield Generation: Users holding Lido's liquid staking tokens (e.g., stETH) automatically earn staking rewards, as the token appreciates in value. These rewards are typically updated daily, reflecting the income generated from staking on the native blockchain.

Flexibility in DeFi: Lido’s liquid staking tokens can be used across various DeFi platforms. For example, users can lend stETH on platforms like Aave or use it as collateral to borrow other assets, adding versatility and potential yield in addition to the staking rewards.

Benefits of Using Lido Finance

Increased Liquidity: Users are not forced to lock up their assets, which allows for greater flexibility in using them within the broader DeFi ecosystem.

Passive Income: Staking with Lido enables users to passively earn staking rewards without the need for direct participation in the network’s operations or prolonged lock-up periods.

Lower Barriers to Entry: Unlike traditional staking, which may require a minimum amount of tokens, Lido allows users to stake any amount, democratizing access to staking rewards.

Risks and Considerations

Smart Contract Risks: While Lido’s contracts are audited, they still carry risks inherent to any smart contract system.

Centralization Concerns: Although Lido works with numerous validators, some users have expressed concerns over centralization risk, as Lido has become a major player in the staking sector, particularly on Ethereum.

Future of Lido Finance

Lido continues to expand its staking options and aims to support additional PoS blockchains, further solidifying its role in DeFi. With Ethereum’s transition to PoS and increased interest in liquid staking, Lido is likely to remain a key infrastructure provider, particularly as demand grows for accessible and flexible staking solutions in the DeFi space.

Tags: #LidoFinance #DeFi #LiquidStaking #Ethereum2.0 #Crypto #Decentralization #ProofOfStake #Blockchain

[cryptomaster7]

Lido’s CSM Transforms Ethereum Staking with Low Capital Requirements and Decentralization

[tradermade]

Bitcoin jumps 12% amid rising interest around key political events! Uniswap introduces swap fees, and BitGo expands with a major acquisition in the wealth management space. Lido also halts Solana staking due to market conditions. Big changes in crypto today!

[blockinsider]

Ethereum Struggles Below $2.5K as Institutional Investors Show Little Interest

Key Points

Ethereum’s price has dropped and is lacking bullish momentum due to low demand from institutional investors.

The supply of Ethereum on centralized exchanges has increased, coinciding with low demand from US spot ETH ETFs.

The price of Ethereum (ETH) has seen a 2.5 percent decrease over the past 24 hours, trading around $2,422 during Tuesday’s early European session. This follows a rejection from the 50-day Moving Average (MA).

Ethereum, a large-cap altcoin with a fully diluted valuation of approximately $291 billion and a daily average traded volume of around $16.3 billion, has been consolidating in a symmetrical triangular pattern since early August, indicating a potential breakout soon.

Technical Standpoint

From a technical viewpoint, Ethereum’s price has been forming a potential head and shoulders (H&S) pattern in the daily time frame, along with a bullish divergence in the Relative Strength Index (RSI).

A consistent close above the support/resistance level of around $2,800 could propel Ethereum’s price toward its all-time high (ATH) in the coming months. Conversely, a consistent drop below the support range between $2,300 and $2,150 could establish a new bearish precedent in the altcoin space, leading to further short-term capitulation.

The recent Fed rate cut and the deteriorating geopolitical situation in the Middle East, which have shifted the global economic outlook, are likely to trigger a fresh crypto bull run in the near term.

Ethereum Whales Watch from the Sidelines

On-chain data analysis shows that the supply of Ethereum on centralized exchanges increased by more than 37.3K in the past 24 hours, mostly on Coinbase Pro and Bitfinex. This spike in Ether’s supply on centralized exchanges coincides with low demand from the US spot ETH ETFs.

On Monday, the US spot Ether ETFs registered a zero net cash flow, while the US spot BTC ETFs registered a total cash inflow of over $235 million. As a result, the US spot Ether ETFs have now registered a cumulative total net outflow of over $553 million.

On-chain data analysis also reveals that an Ethereum ICO participant address, with a balance of around 150k, has sold more than 45k Ether, worth over $113 million, since September 22.

Bigger Picture

The Ethereum network remains the undisputed Web3 leader, with about $45 billion in total value locked and over $84 billion in stablecoins supply. The Ethereum ecosystem boasts the largest decentralized financial (DeFi) platforms led by Lido liquid staking, EigenLayer for restaking, AAVE for lending, and Uniswap (UNI) DEX, among many others.

However, the Ethereum network has faced stiff competition from upcoming layer one chains led by Solana, Telegram-backed Toncoin, Tron, and BNB Chain among others.

[mortallychaoticrebel]

🚀 Discover how to stake Ethereum with Lido stETH, earn daily rewards, and still keep your liquidity! 💰 Learn more in our latest guide. https://finixyta.com/lido-steth-staking-guide/ #Crypto #DeFi #Ethereum

[lidofienance]

Lido Finance: Transforming Staking with Lido Fi:

Lido: The Future of Lido Finance and Lido Fi

Lido Finance, often referred to as Lido Fi, is leading the charge in the decentralized finance (DeFi) space by offering an innovative and accessible platform for staking various cryptocurrencies. By allowing users to stake without locking their assets, Lido Finance is creating a new paradigm in the DeFi ecosystem. This article will explore the key features, benefits, and potential of Lido Fi, highlighting its transformative impact on staking and decentralized finance.

What is Lido Finance?

Lido Finance is a decentralized staking protocol designed to simplify the process of earning rewards on cryptocurrencies such as Ethereum. Unlike traditional staking, where assets can be immobilized for long periods, Lido Fi offers users the ability to stake their cryptocurrencies while retaining access to their funds. This flexibility is crucial for anyone looking to participate in DeFi without compromising liquidity.

How Lido Works:

Using Lido Finance is straightforward. Users deposit their cryptocurrencies into the Lido platform and receive liquid staked tokens in return. These tokens represent their stake and the rewards generated, allowing users to earn passive income while also having the flexibility to use their staked tokens in other DeFi applications.

The Ecosystem of Lido Fi

Lido Finance functions within a broader DeFi ecosystem, enhancing the utility and value of staked assets. By partnering with various DeFi protocols, Lido Fi allows users to explore additional financial opportunities and maximize their staking rewards.

Strategic Partnerships and Integrations

Lido Finance collaborates with leading DeFi platforms, creating a network that benefits users significantly. By leveraging Lido staked tokens, users can participate in yield farming, provide liquidity, and lend on decentralized exchanges, thereby increasing their potential returns.

Commitment to Continuous Innovation

As the DeFi landscape continues to evolve, Lido Finance is dedicated to innovation and improvement. The development team is focused on introducing new features and forging partnerships that will enhance the Lido Fi experience, ensuring it remains a prominent player in decentralized finance.

Getting Started with Lido Fi

Embarking on your journey with Lido Finance is simple. Here’s a step-by-step guide to help you start staking and maximizing your assets through Lido Fi.

Conclusion

Lido Finance is redefining the staking landscape in decentralized finance by offering innovative solutions that prioritize liquidity, accessibility, and security. With Lido Fi, users can confidently engage with the DeFi ecosystem, maximizing their returns while enjoying a seamless experience. As Lido continues to innovate and expand, it is poised to play a significant role in shaping the future of finance.

[crypto-marketing]

The Rise of DeFi: Exploring the Leading Cryptocurrency Projects in Decentralized Finance

In the rapidly evolving world of cryptocurrency, Decentralized Finance (DeFi) has emerged as a transformative force, offering innovative financial solutions that challenge traditional banking systems. As the DeFi landscape continues to expand, it is crucial for investors and enthusiasts to stay informed about the most promising cryptocurrencies and trending projects in this space. In this blog post, we will explore some of the top DeFi projects that are shaping the future of finance. Understanding DeFi Decentralized Finance (DeFi) is a blockchain-based financial ecosystem designed to provide accessible, transparent, and secure financial services without the need for intermediaries. By leveraging smart contracts and decentralized applications (dApps), DeFi projects offer a wide range of services, including lending, borrowing, trading, and asset management. Top DeFi Cryptocurrency Projects Here are some of the most impactful DeFi projects leading the way in 2024:

The Rise of DeFi: Exploring the Leading Cryptocurrency Projects in Decentralized Finance

In the rapidly evolving world of cryptocurrency, Decentralized Finance (DeFi) has emerged as a transformative force, offering innovative financial solutions that challenge traditional banking systems. As the DeFi landscape continues to expand, it is crucial for investors and enthusiasts to stay informed about the most promising cryptocurrencies and trending projects in this space. In this blog post, we will explore some of the top DeFi projects that are shaping the future of finance.

Understanding DeFi

Decentralized Finance (DeFi) is a blockchain-based financial ecosystem designed to provide accessible, transparent, and secure financial services without the need for intermediaries. By leveraging smart contracts and decentralized applications (dApps), DeFi projects offer a wide range of services, including lending, borrowing, trading, and asset management.

Top DeFi Cryptocurrency Projects

Here are some of the most impactful DeFi projects leading the way in 2024:

1. Uniswap (UNI)

Uniswap is a decentralized exchange (DEX) protocol that enables the automated trading of cryptocurrencies. It has become one of the largest DeFi projects by total value locked (TVL), with over $3 billion in assets. Uniswap’s native token, UNI, allows holders to participate in the platform’s governance and decision-making processes, making it a community-driven project.

2. Aave (AAVE)

Aave is a decentralized lending platform that allows users to lend, borrow, and earn interest on their cryptocurrency holdings. Supporting a wide range of digital assets, Aave offers features like flash loans and rate switching. With a TVL of over $4 billion, Aave stands as one of the top DeFi platforms in 2024, providing innovative solutions for decentralized finance.

3. Maker (MKR)

Maker is a decentralized autonomous organization (DAO) that operates the DAI stablecoin. Users can generate DAI by depositing collateral into Maker’s smart contracts. The project aims to maintain DAI's price stability and currently holds a TVL of over $4 billion, making it a cornerstone of the DeFi ecosystem.

4. Compound (COMP)

Compound is a decentralized lending protocol that enables users to lend and borrow cryptocurrencies. It offers variable and fixed interest rates and supports a growing list of digital assets. With a TVL of over $1 billion, Compound is a significant player in the DeFi space, providing robust lending and borrowing options.

5. Curve Finance (CRV)

Curve Finance is a decentralized exchange focused on stablecoin trading. It offers low slippage and low fees for stablecoin pairs, making it an attractive option for traders and liquidity providers. Curve Finance has a TVL of over $2 billion, highlighting its prominence in the DeFi ecosystem.

6. Lido (LDO)

Lido is a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH tokens in return. This enables users to earn staking rewards while maintaining the liquidity of their ETH holdings. With a TVL of over $13 billion, Lido is currently the largest DeFi project by this metric, providing essential staking services in the DeFi market.

7. Chainlink (LINK)

Chainlink is a decentralized oracle network that provides real-world data to smart contracts. It enables DeFi projects to access reliable and tamper-proof data, which is crucial for the accurate execution of financial transactions. Chainlink's LINK token is one of the leading cryptocurrencies in the DeFi space, powering a vast array of decentralized applications.

Trends in DeFi

As the DeFi ecosystem continues to evolve, several key trends are emerging:

Increased Institutional Adoption Major financial institutions are beginning to explore and invest in DeFi, which could lead to further growth and mainstream acceptance of decentralized finance.

Interoperability Projects are working on solutions to enable seamless communication and asset transfer between different blockchain networks, potentially leading to a more connected and cohesive DeFi ecosystem.

Regulatory Developments Governments and regulatory bodies are starting to provide clarity on DeFi, which could foster increased adoption and innovation within the sector.

Conclusion

The rise of DeFi has opened up new possibilities in the cryptocurrency market, offering innovative financial solutions that challenge traditional banking systems. By exploring the leading DeFi projects and trending cryptocurrencies in this space, investors and enthusiasts can stay informed and potentially capitalize on the growth of this exciting sector. However, it is crucial to conduct thorough research and understand the risks associated with investing in DeFi before participating.

By staying up-to-date with the latest developments and identifying promising projects, you can navigate the dynamic landscape of decentralized finance and take advantage of the opportunities it presents.

[christophbergmann]

Lido frisst Ethereum - Stake für Stake

Lido frisst Ethereum - Stake für Stake Der Staking-Pool Lido.finance hat beinah ein Drittel aller Stakes auf sich vereint. Obwohl Lido selbst dezentral ist, steht für manche die Existenz von Ethereum auf dem Spiel.

Der Staking-Pool Lido.finance hat beinah ein Drittel aller Stakes auf sich vereint. Obwohl Lido selbst dezentral ist, steht für manche die Existenz von Ethereum auf dem Spiel. Continue reading Untitled

[coinxpense]

Drop Airdrop

Drop is a member of the Lido Alliance and a liquid staking protocol for Interchain assets. Drop, which is spearheaded by former Lido and P2P contributors, is dedicated to enhancing the economic sustainability of sovereign blockchain economies by converting stagnant, frozen capital into fluid streams of opportunity. Drop is distributing 100,000,000 DROP tokens to its airdrop participants.…

[coineagle]

Understanding Jump Crypto’s $314.8M Ethereum Unstaking Amid 30% ETH Price Drop

Key Points

Jump crypto has unstaked and sold a significant portion of its Ethereum holdings.

The firm still retains a substantial amount of Ethereum, with over 34 million ETH staked.

Jump Trading, a crypto trading firm, has been actively managing its Ethereum (ETH) holdings recently.

The firm has been unstaking its ETH throughout a week of declining Ethereum prices.

Jump Crypto Unstakes 120K ETH

Data from Lookonchain and Arkham Intelligence reveals that Jump crypto has moved over 120,000 staked Ethereum, worth approximately $314.8 million at the time of transfer.

These movements began a day after the launch of spot Ether exchange-traded funds (ETFs) in the United States.

Most of these ETH tokens were unstaked from a specific redeem address. Despite this significant movement, the firm still holds a considerable amount of Ethereum, with data showing it still holds 37,604 ETH tokens, valued at around $104 million.

Reasons for Jump Trading’s Unstaking

Lookonchain suggests that Jump Trading’s recent unstaking of Ethereum is related to ETH that was exploited in a hacking incident over a year ago and regained through strategic counter-trading efforts.

The exact reason for the recent sale of this unstaked Ethereum is not clear. However, it’s noteworthy that Jump Trading is currently under investigation by the U.S. Commodity Futures Trading Commission (CFTC), although specific charges have not been revealed.

The unstaking and subsequent sale coincided with a significant drop in Ethereum’s price, leading to speculation about whether these actions were a response to regulatory scrutiny or other external pressures.

Since Jump Trading reportedly began selling the ETH on July 24th, the price has fallen by more than 30%.

Impact on Staked Ethereum

Jump crypto’s recent unstaking could potentially affect the Ethereum staking landscape, but a large portion of it remains staked.

According to Dune Analytics, over 34 million ETH, representing more than 27% of the total circulating supply, were still staked. Lido Finance remains the dominant staking platform, holding over 28% of the staked ETH.

Jump Trading’s unstaking actions have sparked various reactions within the cryptocurrency community. An observer on X (formerly Twitter) suggested that Jump crypto’s departure from Ethereum staking might be a bullish signal for the market, describing the firm as “parasitic” and asserting that the industry could benefit from its reduced influence.

[leoningram07]

lido exchange

Lido is a decentralized finance (DeFi) protocol offering liquid staking services for Ethereum and other assets. Users can stake their ETH through Lido to receive stETH, which can be used across various DeFi applications. Lido's staking rate, swap, and bridge functionalities enhance liquidity and flexibility. The protocol supports multiple networks, including Polygon, and features a stake calculator for potential rewards. lido exchange

[coinmystique]

Stader Labs has launched a brand new Liquid Restaked Token (rsETH) on testnet that enables customers to stake the identical ETH on a number of networks concurrently.The just lately launched rsETH token builds on EigenLayer’s restaking protocol and is designed to spice up staking rewards by leveraging liquid staking tokens like Lido’s stETH and Coinbase Wrapped Staked ETH (cbETH).Restaking allows customers to earn staking rewards on ETH whereas retaining liquidity. Throughout a latest interview with The Block, Stader Labs co-founder Dheeraj Borra defined the advantage of such a system.rsETH is greater than only a token; it's an entry level to extra rewards and alternatives within the crypto panorama, permitting customers to mixture rewards from numerous totally different sources to maximise their holdingsStader Labs co-founder Dheeraj BorraThe rsETH token works by letting customers deposit liquid staked ETH tokens and mint rsETH representing fractional possession. These belongings are distributed to node operators inside Stader’s community to earn a share of staking rewards.Holders can commerce rsETH on decentralized exchanges (DEXs), use it in decentralized finance (DeFi) protocols, and redeem the underlying belongings anytime. The token is at present reside on Ethereum testnet with launch on mainnet to be introduced quickly, in line with statements shared with The Block.The platform already helps liquid staking on Ethereum, Polygon, BNB Chain, Close to, Fantom and Hedera with $124 million complete worth locked. The rsETH launch goals to simplify entry to restaking rewards however might elevate issues about re-staking the identical ETH a number of instances, a problem highlighted by Ethereum’s co-founder Vitalik Buterin in a late Could weblog submit.In his submit, Buterin argues that “re-staking” strategies utilized by protocols like EigenLayer to permit Ethereum validators to concurrently stake on different networks brings systemic dangers. The primary concern is overloading Ethereum’s social consensus and basically “recruiting” it to serve different protocols’ functions past simply validating Ethereum transactions.For instance, some restaking designs depend on the specter of Ethereum forking away malicious validators who misbehave on the opposite community. This stretches Ethereum consensus into policing actions on completely totally different blockchains.Buterin warns this has no limiting precept and dangers pulling Ethereum into “uncomfortable choices” as its group will get pressured to make extra judgement calls on behalf of different networks. He argues this might fracture Ethereum’s social cohesion over time because it takes on extra “mandates.” It additionally creates perverse incentives for giant tasks to grow to be “too big to fail” and demand preferential remedy in case of failures.As a substitute, Buterin advocates that restaking designs ought to keep away from creating expectations that Ethereum consensus will intervene to unravel issues. Validators ought to solely be accountable in line with the precise protocol’s guidelines, not depend on Ethereum slashing or forking.This retains Ethereum targeted purely by itself protocol guidelines and avoids over-burdening its group with tasks spanning a number of blockchains. Whereas twin staking itself has dangers, stretching social consensus is seen as a menace.Comply with Us on Google InformationSupply: https://crypto.information/new-liquid-restaked-token-tests-staking-same-eth-multiple-times/

[samdrews]

Glassnode's Ethereum price analysis reveals over 16 million ETH staked on the Ethereum beacon chain, representing 13.4% of circulating ETH. This substantial staking indicates strong investor confidence in Ethereum's Proof-of-Stake protocol. Major staking providers like Lido (29.3%), Coinbase (12.8%), Kraken (7.6%), and Binance (6.3%) hold most of this ETH.

The high levels of staked ETH suggest a bullish market, as staking rewards drive demand for Ethereum tokens. This trend is expected to continue, potentially raising ETH prices in the near future. Additionally, Ethereum's growing appeal among institutional investors, attracted by its security and scalability, supports its positive market outlook.

Technical indicators reinforce this bullish sentiment. The Relative Strength Index (RSI) shows strong market momentum, and the MACD line suggests bullish trends. Increased trading volume further indicates sustained high demand for ETH.

With a current price of $1,600, Ethereum is well-positioned for growth, possibly reaching $2,000 soon. Investors are advised to monitor all data to make informed decisions. Overall, Ethereum's market outlook is positive, driven by significant staking activity and institutional interest, making it a favored choice for cryptocurrency traders. With the right strategy, investors could benefit from Ethereum’s bullish trajectory.

4o