Lido DAO (LDO) Gets Listed on KuCoin!

KuCoin is extremely proud to announce yet another great project coming to our trading platform. Lido DAO (LDO) will be available on KuCoin. Supported trading pairs are LDO/USDT and LDO/USDC.

Please take note of the following schedule:

• Deposits Effective Immediately (Supported Network: ERC20)
• Trading: 10:00 on July 8, 2022 (UTC)
• Withdrawals: 10:00 on July 9, 2022 (UTC)

Tags: Staking, Ethereum, DeFi

Project Summary

*key metric numbers are calculated as of July 6 2022.

Lido is a liquid staking solution for Ethereum and other assets. Lido lets users stake their ETH - with no minimum deposits or maintaining of infrastructure - whilst participating in on-chain activities, e.g. lending, to compound returns.

LDO is an ERC20 token granting governance rights in the Lido DAO. LDO is an Ethereum token granting governance rights in the Lido DAO. The Lido DAO governs a set of liquid staking protocols, decides on key parameters (e.g., fees) and executes protocol upgrades to ensure efficiency and stability. By holding the LDO token, one is granted voting rights within the Lido DAO. The more LDO locked in a user’s voting contract, the greater the decision-making power the voter gets.

Official Website: https://lido.fi

Whitepaper: Click to view

Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

Regards,

The KuCoin Team

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