Lido Staked Ether price

ETHEREUM NEWS FROM YESTERDAY - Stablecoin supply made a new All time high on Ethereum at $184.1 billion - Ethereum Foundation launched Founders Lab, a two day 1:1 mentorship program at Devcon (Nov 18–19) for early stage Ethereum founders, featuring top builders like Jesse Pollak and Sandeep Nailwal, with limited spots via application. - Zora announced token-gated, fully encrypted DMs powered by XMTP, requiring 1M of a creator’s coin to message them, with in chat trading and privacy - Aragon announced the launch of the Ethereum Protocol Advocacy Alliance (EPAA), a collaborative initiative uniting Aave, Curve, Lido, Spark, Graph, Uniswap to educate policymakers on blockchain technology and protect decentralization, transparency, and permissionless access as regulators increasingly scrutinize the $140B+ DeFi ecosystem.​​​​​​​​​​​​​​​​ - Arx Research raised $6.1 million seed round led by Castle Island Ventures to develop Burner Terminal, the first tap-to-pay stablecoin hardware device. Built on Base, the device is set to launch early next year at a $200 price - VBILL by VanEck went live as collateral on Aave Horizon RWA markets secured by Chainlink’s NAVLink framework - Sprinter raised $5.2 million seed round led by Robot Ventures to develop cross-chain solving-as-a-service infrastructure, offering solvers and market makers collateral-free credit - Creators on Base can now pair a meme coin directly to their profile, so every like you get rewarded with your token - Jesse Pollak unveiled Jessexbt, an AI clone of Jesse’s thinking live on Telegram and Base App to help Base devs improve their product through conversions with it built by a0xbot - Linea unveiled Linea Exponent a 3 month program with $250k in prize pool for 42 top teams - Aztec founder Zachary Williamson argued that while Vitalik Buterin’s “defensive accelerationism” (a cautiously optimistic approach to technology development) offers good principles, the attention economy has corrupted technology into a surveillance apparatus that commodifies human data and destroys social cohesion and only zk cryptography combined with privacy-preserving blockchains can create alternative business models (like micropayments replacing ad driven monetization) that restore human dignity, self sovereignty, and meaningful choice in the digital age.​​​​​​​​​​ - Graph protocol unveiled new product Amp, a blockchain-native database enabling real-time, verifiable, cross-chain SQL queries with enterprise-grade security and zero-setup local development, to make on-chain data compliant - Lido upgraded to Chainlink CCIP as the official cross-chain infra for wstETH - Lido introduced stRATEGY, a new curated DeFi vault built on Mellow Protocol’s Core Vaults infrastructure centered on stETH Defi strategy featuring integrations with Aave, Ethena, Uniswap. Users can deposit ETH, WETH or wstETH to receive strETH

BTC below 100k again. We don’t correlate with the stock market going up, but we sure correlate with the stock market going down. Incredible technology.

$LDO is the governance token of Lido DAO, one of the largest Liquid Staking Protocols in the Web3 ecosystem. 1. What is @LidoFinance ? $Lido is a decentralized protocol that allows users to stake their cryptocurrencies (primarily Ethereum – ETH) without having to lock them for a long period or meet the minimum 32 ETH requirement set by the Ethereum network. Core product: When users deposit ETH into Lido, they receive stETH (Lido Staked ETH) in return. stETH represents the amount of ETH staked plus the staking rewards earned. This allows users to earn staking rewards while still being able to use stETH in other DeFi activities (such as lending, borrowing, or trading). 2. Utility of the $LDO Token The $LDO token is not used directly for paying transaction fees or receiving staking rewards. Its primary purpose is to enable Decentralized Governance within the Lido DAO. A. Governance Power $LDO holders have the right to: Vote on Proposals: Participate in decision-making regarding key updates and changes to the Lido DAO protocol. Modify Protocol Parameters: Adjust the staking fee rate, decide on the allocation of DAO reserves, and select new node operators. Upgrade Smart Contracts: Approve critical technical upgrades to Lido’s smart contracts. B. Tokenomics and Distribution The distribution of LDO is designed to ensure broad decentralization of governance power: Wide Distribution: A significant portion of the LDO supply has been distributed through mechanisms such as public sales, airdrops to early users, and allocations to early-stage investors (subject to vesting schedules over time). Decentralization: This wide distribution is essential to ensure that no single entity can fully control or dominate governance decisions within the DAO. @EdgenTech @LidoFinance