Lido DAO, launched in 2020 on the Ethereum blockchain, is a decentralised autonomous organisation (DAO) which simplifies staking participation for individuals on the Ethereum network. It allows users to pool their Ethereum together and stake it on the blockchain without the need to operate their own nodes, reducing staking risks and complexities.
Lido DAO has become one of the largest staking pools on the Ethereum blockchain, recognized for its safety and reliability. It also supports multiple networks beyond Ethereum, including Polygon and Solana. The project's ongoing development initiatives aim to introduce new features that will further enhance Lido DAO's appeal to users.
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