What is the current price of Lido DAO (LDO)?

The current price of Lido DAO (LDO) is 1.38391308614271 AUD, representing a -3.42 from the day prior.

Can I buy Lido DAO (LDO) on Coinstash?

Yes - you can easily buy and sell Lido DAO (LDO) on Coinstash. Simply login or sign up, to start buying Lido DAO (LDO) in minutes.

Where is the best place to buy Lido DAO (LDO) in Australia?

The best place to buy Lido DAO (LDO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Lido DAO (LDO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Lido DAO (LDO)?

The trading volume of Lido DAO (LDO) is 106.4M AUD in the last 24hrs, representing a -3.42 from the day prior.

How can I buy Lido DAO (LDO)?

Lido DAO (LDO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Lido DAO (LDO)?

The current market cap of Lido DAO (LDO) is 1.3B AUD.

Can I convert Lido DAO (LDO) to cash?

Yes - With Coinstash you can convert your Lido DAO (LDO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Lido DAO (LDO) are there?

The current circulating supply of Lido DAO (LDO) is 897.9M.

Is Coinstash a safe place to buy Lido DAO (LDO) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Lido DAO (LDO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Lido DAO (LDO)

What is Lido DAO?

Lido DAO is a decentralised autonomous organisation (DAO) that provides liquid staking solutions for a range of blockchain networks, primarily focusing on Ethereum and other Proof of Stake (PoS) blockchains. It aims to simplify staking by allowing users to stake their assets without the need for minimum deposits or hardware setup, while maintaining liquidity through the use of specialised tokens known as stTokens.

How does Lido DAO work?

Lido DAO operates using a staking pool smart contract that manages users' deposits and withdrawals, determines staking reward fees, and delegates funds to node operators. When users deposit Ethereum, they receive stETH tokens, which are staked in the Ethereum Beacon Chain. These tokens maintain liquidity, enabling users to earn rewards and utilise them in other DeFi protocols. Lido's smart contracts are regularly audited, open-sourced, and include bug bounty programs to minimise risks.

What are the potential use cases for Lido DAO?

Lido DAO primarily offers liquid staking solutions for Ethereum 2.0 and other PoS blockchains, letting users stake assets without losing liquidity or handling complex infrastructure. Its tokens, like stETH, can be used in decentralised finance (DeFi) protocols for lending, yield farming, and maximising earnings. Lido DAO is also involved in cross-chain staking solutions, decentralised governance where token holders participate in key protocol decisions, and has implemented insurance mechanisms against staking penalties.

What is the history of Lido DAO?

Lido DAO was founded by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish, launching in December 2020 to address limitations in Ethereum 2.0 staking. Since then, it has expanded its staking services to other blockchains like Terra, Solana, Polygon, and Polkadot. Significant milestones include the introduction of Lido V2, a major protocol release, and securing initial funding from prominent investors. Lido's native token, LDO, is actively traded and contributes to its strong market presence in the DeFi sector.