Latest Lido Staked Ether updates on February 22nd

On February 21st, the Lido team released two white papers to provide clarity on the definition and designation of Liquid Staking Tokens (LST). This effort was led by TeamPOSA and co-chaired by the Lido DAO, Alluvialfinance, WillkieFarr, and other industry players. The papers further support direct access to staking, which aligns with the Lido protocol’s mission to make PoS staking accessible for all. The team also released an alert to all builders, relays, and node operators, sponsored by Lido, and hosted a live stream with a Q&A. On the same day, Lido used the #MEV Relay Dashboards and Alerts to monitor the block market share, which is currently at 26%. On February 20th, the team released the Lido Dashboards Catalogue to keep up with new Lido developments. Additionally, they shared data on the Total wstETH on L2, Lending pools, Lending protocols and LP reserves, and Lido protocol APR. Finally, they showed that Lido attracted 62.6k ETH in new deposits and that the TVL reached 8.96b.

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.