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REGULATION
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2 years ago

Lido Finance Has More Than $14.8 Billon In Total Staking

2023-08-08

REGULATION
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2 years ago


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.

 

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