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An in-depth guide on how to stake Lido DAO (LDO)
We have a lot of data on staking Lido DAO (LDO) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Lido DAO (LDO) is currently priced at 0 with a 24-hour trading volume of US$165.29M. The market cap of Lido DAO stands at US$1.46B, with 896.05M LDO in circulation. For those looking to buy or trade Lido DAO, Everstake offers avenues to do so securely and efficiently
Staking Lido DAO can be a great option for those who want to hold LDO but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
In order to stake Lido DAO, you need to have it. To obtain Lido DAO, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Nexo | Lido DAO (LDO) | 0.63 |
| PrimeXBT | Lido DAO (LDO) | 0.63 |
| YouHodler | Lido DAO (LDO) | 0.63 |
| Binance | Lido DAO (LDO) | 0.63 |
| BTSE | Lido DAO (LDO) | 0.63 |
| Coinbase | Lido DAO (LDO) | 0.63 |
Once you have LDO, you’ll need to choose a Lido DAO wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking LDO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their LDO, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Lido DAO network. You’ll be rewarded with LDO for these validations.
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
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