2023-08-08
Liquid Staking for Digital Tokens (lido.fi)
The future of crypto is proof-of-stake.
On August 8, 2023 Lido Finance’s TVL reached $14.8 billion in total staking.
Lido Finance is the leader of liquid
staking. The platform has Ethereum, Solana, and Polygon staking services. These
3 cryptocurrencies are leader of smart contract blockchains. Liquid staking
allows people who have the tokens become stakers without having equipment to
operate blockchain nodes.
LDO is a governance token of Lido
Finance and it uses for voting to govern the Lido DAO treasury. LDO is the 33rd
largest crypto by market cap, it has a fully diluted market cap of $1.852
billion.
Rocket Pool - Your friendly decentralised Ethereum staking protocol
Another liquid staking platform is
Rocket Pool. It has 781,248 ETH in total staking worth $1.43
billion. RPL is the platform’s native token. RPL has a max supply of 19,620,795 RPL. It functions as
a governance token.
RPL is the 72nd largest crypto by
market cap. RPL’s fully diluted market cap is $524 million.