Lido


Finance

Institutions in Asia Aren’t Interested in Liquid Staking: Hex Trust

Liquid staking has become the second biggest DeFi vertical, but Asia-based institutions are not impressed.

(DALL-E/CoinDesk)

Finance

Ether Liquid Staking Platforms Will Benefit as SEC Actions Likely Fail to Deal DeFi's Knockout Blow

Lido and Rocket Pool didn’t immediately see a massive rush in of capital after Kraken announced it had settled with the SEC.

(Midjourney/CoinDesk)

Markets

Liquid Staking Tokens Rally as Kraken Shuts Staking Service to Settle With SEC

The sudden price uptick of governance tokens for the largest liquid staking protocols – Lido Finance, Rocket Pool and Frax Finance – was a counterweight to the decline of the broader crypto market.

La economía del token de ether se vería favorecida con solo una pequeña recuperación económica. (Pixabay)

Markets

Lido DAO Governance Token Surges on Coinbase CEO's Comments About SEC Staking Ban

The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities.

SEC Chairman Gary Gensler (Anna Moneymaker/Getty Images)

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Tech

Crypto Protocol Lido Proposes ‘Turbo,’ ‘Bunker’ Modes for Post-Shanghai Ether Withdrawals

The version 2 upgrade includes proposals that explain the protocol's staked ETH withdrawals plan and introduces a new staking router that aims to help decentralize the network.

(Element5/Unsplash)

Tech

Rocket Pool Community Voting Whether to Self-Limit Its Growth

If passed, the vote establishes a guiding set of principles to inform Rocket Pool’s decision-making process in limiting the percentage of staked ether in its ecosystem.

The Ethereum Merge is ready to launch. (DARPA/Wikimedia)

Finance

Crypto Custodian Aegis to Add Coverage of Lido's Staked Token Derivatives

Aegis’ end-to-end custody now includes liquid staking services through Lido for its institutional users wary of regulation.

(Pixabay, modified by CoinDesk)

Markets

Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama

Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space.

(Noah Buscher/Unsplash)

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Markets

Las recientes ganancias de algunas criptomonedas se deben a la cobertura de posiciones cortas, según Bernstein

Algunas altcoins como solana y lido subieron más de 20% debido a que los inversores que apostaban por una caída cubrieron sus posiciones, según un informe elaborado por la empresa.

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

Markets

Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering

Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

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