Lido DAO (LDO) Trading Down 1.9% Over Last Week

Lido DAO (LDO) traded up 4.3% against the U.S. dollar during the 1-day period ending at 11:00 AM ET on May 2nd. Lido DAO has a total market cap of $1.76 billion and $74.58 million worth of Lido DAO was traded on exchanges in the last 24 hours. One Lido DAO token can now be bought for $1.97 or 0.00003329 BTC on popular cryptocurrency exchanges. Over the last week, Lido DAO has traded down 1.9% against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 8.5% against the dollar and now trades at $0.30 or 0.00000505 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.7% higher against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Lido DAO Profile

Lido DAO’s genesis date was December 17th, 2020. Lido DAO’s total supply is 1,000,000,000 tokens and its circulating supply is 892,450,071 tokens. Lido DAO’s official website is lido.fi. Lido DAO’s official message board is blog.lido.fi. The Reddit community for Lido DAO is https://reddit.com/r/lidofinance and the currency’s Github account can be viewed here. Lido DAO’s official Twitter account is @lidofinance and its Facebook page is accessible here.

According to CryptoCompare, “Lido DAO is an innovative decentralized autonomous organization that manages liquid staking on Ethereum 2.0. Its native asset, the LDO token, serves as the governance token, empowering holders to vote on key protocol parameters. The voting weight is proportional to the amount of LDO held, democratizing decision-making. Users stake ETH and receive stETH, a token that mirrors staked ETH while remaining liquid and earning staking rewards. Co-founded by Jordan Fish and Konstantin Lomashuk, Lido DAO balances centralization and decentralization, using an efficient mechanism, Easy Track, for routine governance. It reinvests service fees into research, development, liquidity mining incentives, and upgrades, fostering sustainable growth and flexibility.”

Buying and Selling Lido DAO

It is usually not currently possible to purchase alternative cryptocurrencies such as Lido DAO directly using US dollars. Investors seeking to acquire Lido DAO should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Lido DAO using one of the exchanges listed above.

LDO/USD price chart by TradingView