LDO is Ready For Another Jump. And We Open Our Second Trade.

20 Nov 2023

*Short Fundamental Analysis**

Lido DAO (LDO) is a decentralized finance (DeFi) protocol that allows users to stake their Ethereum (ETH) tokens on the Lido protocol to earn staking rewards. Lido is one of the largest liquid staking protocols on the Ethereum blockchain, with over $3.5 billion in assets under management (AuM).

Lido has a number of advantages over traditional staking methods, including:

* **Non-custodial:** Lido is a non-custodial protocol, which means that users retain control of their ETH tokens.
* **Liquid:** Lido allows users to earn staking rewards while still maintaining liquidity in their ETH tokens.
* **Diversified:** Lido distributes staking rewards across a pool of validators, which helps to reduce risk.

LDO is the native token of the Lido DAO. LDO holders can participate in the governance of the Lido protocol and earn a portion of the protocol's fees.

**Recent News**

* Lido has announced a partnership with StakedLogic, a staking infrastructure provider. The partnership will provide Lido users with access to StakedLogic's staking services.
* Lido has also announced that it will be supporting the upcoming Ethereum Shanghai hard fork. The hard fork is expected to enable withdrawals from the Lido staking pool.

**Disclaimer**

This is not financial advice. Please do your own research before investing in Lido DAO (LDO).