Lido makes ETH staking simple, letting you earn rewards on your tokens while keeping them liquid. It gives you stETH in return for your stake, which you can use in decentralized finance (DeFi) for extra gains.
Overview
Lido
Infrastructure
Project rating
8.2 / 10
Excellent
Review
Key Benefits
Liquidity for Staked Assets
Low Entry Barrier
Simplified Staking Process
Maximized Returns
Enhanced Security
Red Flags
Protocol Fee
Dependency on Validators
Exposure to Smart Contract Risks
Centralization Concerns