Lido DAO is a decentralized autonomous organization that provides staking services across multiple blockchains. Its most popular feature is Ethereum liquid staking, allowing users to stake ETH and receive stETH tokens that represent their staked ETH and rewards.
Lido ensures security through decentralized governance, audited smart contracts, and ongoing code reviews by independent security firms.
The native token LDO serves as the governance token, letting holders vote on proposals, platform updates, integrations, and board changes.
Currently, Lido supports staking for Ethereum and Polygon, while Solana staking has been discontinued.
Reference: CoinMarketCap