• About us
  • Advertise With Us
  • Become a Contributor
  • Guest Posting Service
  • Privacy Policy
  • Submit Press Release
  • Terms & Conditions
  • Contact
Blockchain Mogul Magazine
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
Latest News and Updates on Cryptocurrency
No Result
View All Result

Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol

by
August 19, 2022
in Uncategorized
0 0
0
Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Summary:

Lido’s vision is ‘to build a staking solution that is fully permissionless and risk-free for the blockchain itself.’ The current roadmap of the project includes adopting Distributed Validator technology and creating additional checks and balances on Lido’s governance. The latter includes directly empowering stETH holders to veto any decisions that will be made on the protocol.

stETH accrues staking rewards regardless of where it is acquired. This means that regardless of whether you acquire stETH directly from staking via stake.lido.fi, purchase stETH from 1inch or receive it from a friend, it will rebase daily to reflect Ethereum staking rewards.

This nullifies the downsides from staking into the Eth2 contract directly: illiquidity, immovability, inaccessibility. Instead of locking up your staked ETH, Lido allows you to put it to use so you don’t need to choose between Ethereum staking and DeFi participation.

source

Recommended

Bitcoin Is The New Meme Machine

Bitcoin Is The New Meme Machine

7 months ago
EU, US Concerned Russia May Use Crypto to Avoid Sanctions

EU, US Concerned Russia May Use Crypto to Avoid Sanctions

7 months ago

Popular News

    Connect with us

    Blockchain Mogul Magazine

    Get the latest news on Cryptocurrency and stay up-to-date ... Cryptocurrency prices today

    Category

    • Analysis
    • Binance
    • Bitcoin
    • Blockchain
    • Coinbase
    • Crypto
    • Crypto Exchange
    • Ethereum
    • Finance
    • Guide
    • Litecoin
    • Market
    • Ripple

    Recent Posts

    • PR NEWS WIRES – About Correspondence And Press Releases
    • PR Wires – Press Release Traffic – Use Press Releases to Make Traffic On the web
    • A Quick Guide on How Press Release Pricing Works
    • The Reason Why PRWeb Pricing Is Everyone’s Obsession in 2022
    • PR Wires – Spread the news! Compose a Press Release
    • About us
    • Advertise With Us
    • Become a Contributor
    • Guest Posting Service
    • Privacy Policy
    • Submit Press Release
    • Terms & Conditions
    • Contact

    © 2022 Blockchain Mogul Magazine.

    No Result
    View All Result
    • Home

    © 2022 Blockchain Mogul Magazine.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In