Lido Staked ETH company info

What does Lido Staked ETH do?
Lido (CRYPTO:stETH) is a liquid staking platform that allows users to stake their ETH and earn staking rewards without having to lock up their tokens for a long period of time. When users stake their ETH on Lido, they receive stETH tokens in return. stETH tokens are liquid and can be used in DeFi applications, such as lending and borrowing, to earn additional rewards. One of the main objectives of Lido is to make staking more accessible and inclusive. Lido allows users to stake any amount of ETH, regardless of their wealth or technical expertise. This makes staking more accessible to a wider range of people, including retail investors and small businesses. Lido also plays an important role in supporting the Ethereum network. By staking ETH on Lido, users are helping to secure the network and make it more decentralized. Lido also helps to reduce the amount of ETH that is illiquid, which can improve the overall liquidity of the Ethereum ecosystem.
Lido Staked ETH company media
Company Snapshot

How many people does Lido Staked ETH employ?

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Employees
51-200

What is the market cap for Lido Staked ETH?

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Market Cap
$27.59B

Where is the head office for Lido Staked ETH?

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Head Office
George Town, Cayman Islands

What year was Lido Staked ETH founded?

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Year Founded
2021
What does Lido Staked ETH specialise in?
/EigenLayer Ecosystem /ETH 2.0 Staking /Liquid Staking Derivatives /Restaking

What are the products and/or services of Lido Staked ETH?

Overview of Lido Staked ETH offerings
Community support: Lido has a large and active community. This means that users can get help and support from other Lido users and from the Lido team.
DeFi integration: stETH tokens are liquid and can be used in DeFi applications, such as lending and borrowing, to earn additional rewards. This makes stETH a versatile asset that can be used to generate yield in a variety of ways.
Global reach: Lido is a global platform with nodes located all over the world. This makes it easy for users to stake their ETH regardless of where they are located.
High security: Lido uses a variety of security measures to protect its users' ETH. These measures include using multiple node operators, regular security audits, and a bug bounty program.
Liquid staking: Lido allows users to stake their ETH and earn staking rewards without having to lock up their tokens for a long period of time. This makes staking more accessible and inclusive.
Low fees: Lido charges low fees for its services. This makes it an affordable option for users of all sizes.