General Cognizance about Lido Finance- What is it?
The staking concept is gaining much popularity enormously. People or investors are getting highly attracted to this activity. This concept is not new in the crypto world, after the emergence of the Beacon chain it is found as one of the influential operations. Researchers also concluded that staking started getting recognized with the launch of the Beacon chain and the introduction of PoS to the Ethereum ecosystem resulted in the replacement of Mining.
And, for staking Lido Finance is termed as a platform or a DAO that is contributing towards adding liquidity to the market. So through this brief read, we are going to have a prelude to the increasing Lido ecosystem.
Thus, to get an insight into the prime operation of this DAO let’s start getting into the read.