Why Experts Predict LDO’s Price to Oscillate Between $3.50 and $5.75 in 2024
🌟 LDO set to shine in 2024! Prices ranging $3.50-$5.75 💹 #LidoDAO #CryptoGrowth #LDO #DeFiFuture #CryptoTrend
Lido Finance
ETH L2 Staking Protocol Lido TVL Reaches $5.9 Billion
The ETH L2 staking protocol Lido TVL reached $5.9 billion, surpassing MakerDAO’s $5.89 billion to become the DeFi protocol with the highest TVL. Read more on CNL.
Lido Finance represents the largest LSD provider
Staking Ethereum Initial requirements maybe be an issue when staking ETH. The LDO token can be traded on exchanges. When you want to stake ETH, one of the issues an individual may face is the initial requirements. You don’t have to buy any mining rigs (unlike with Proof-of-Work Bitcoin), but you do need a minimum of 32 ETH to start getting rewards. With the current ETH price around $2,000, that equals $64,000 – which might be out of reach for some investors. Lido Finance bridges the gap for users by allowing them to combine their ETH. Individual investors may stake
