Lido DAO is an autonomous organization that offers infrastructure for staking on various blockchain networks. One of its main features is the ability to stake Ethereum and receive stETH tokens in return, representing the user's staked ETH and rewards. The platform ensures security through decentralized governance, audited code, and smart contracts. Lido operates on Ethereum, utilizing smart contracts to process deposits and distribute rewards. Multiple security firms have audited Lido's contracts for potential vulnerabilities. LDO serves as the platform's native token and governance token, allowing holders to participate in decision-making processes. Currently, Lido supports Ethereum and Polygon for staking, as Solana has recently been removed.
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