Lido Proposes to Staking the Lido Protocol Token to Boost Utility and Sustainability
The Ethereum staking provider Lido has proposed a staking mechanism for its native LDO token in an effort to boost the utility and financial sustainability of the token. According to the proposal, posted on Lido’s govern...
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According to the proposal, posted on Lido’s governance forum on May 17, the staking program will enable token holders to stake LDO in exchange for a share – worth approximately 20-50% – of Lido’s future earnings.
The proposal is written by a Lido community member who goes by the name Lidomaxi....
Read More: Lido Proposes to Staking the Lido Protocol Token to Boost Utility and Sustainability
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