Latest Lido Staked Ether updates on March 28th

Lido Finance is currently in the midst of testing V2 of their cryptocurrency project on Goerli. On March 28th, their NOM Call #5 kicked off with an overview of what to expect from the project. The main focus of the V2 testnet is to prepare for a secure and trouble-free launch of the Staking Router and Bunker mode. Bunker mode will allow for orderly withdrawals to still be processed during chaotic times. In addition, the Lido Dashboards Catalogue has been released to keep up with new developments. The catalogue presents data for Monday, 00:00 UTC, with the change presented for the last 7 days. On the lending protocols, wstETH reserves on Polygon have seen a slight correction, while Maker and Aave pools have seen an increase in stETH. Finally, the stETH 7-day moving average APR hit 4.93% at the end of the week.

What is Lido Staked Ether ?

Staked-Ether is an innovative project that allows users to easily and securely earn rewards on their Ethereum (ETH) holdings. By staking their ETH, users can maximize their returns on their digital assets, without having to worry about the complexities of managing and monitoring their investments.

Staked-Ether is a total solution for Ethereum users to earn rewards from their holdings. Staked-Ether simplifies the process of staking ETH, allowing users to earn rewards quickly and securely. With Staked-Ether, users simply deposit their ETH into the platform and begin earning rewards.

The rewards earned by staking ETH are distributed in the form of a liquid staked asset called stETH. Staked-Ether provides a secure and transparent staking infrastructure, allowing users to benefit from the rewards of staking without having to worry about the complexities of managing and monitoring their investments.

In addition to staking ETH, Staked-Ether also supports a variety of other digital assets, including Solana (SOL), Polygon (MATIC), Polkadot (DOT), and Kusama (KSM). By staking these assets, users can earn additional rewards, as well as access a range of DeFi products and services.

Staked-Ether also has a governance system and research forum, allowing users to take part in the decision-making process and discuss ideas for the project. This includes a snapshot voting system, which allows users to vote on important decisions, and an Aragon voting system, which allows users to make on-chain decisions using veto voting.

Finally, Staked-Ether has a range of analytics tools, allowing users to track metrics such as staking rewards and token prices. This includes Dune Analytics, which allows users to track current metrics on the Lido protocol, and Nansen Analytics, which allows users to track real-time staking statistics.

In short, Staked-Ether is an innovative project that provides users with a secure and transparent way to earn rewards on their Ethereum holdings. By staking ETH, users can maximize their returns on their digital assets, without having to worry about the complexities of managing and monitoring their investments.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.