Lido is a DAO that provides a liquid staking solution for Ethreum 2.0. It lets users stake their Ether, without locking assets or needing to maintain infrastructure, whilst participating in on-chain activities. Lido attempts to solve the problems associated with initial Ethereum 2.0 staking - illiquidity, minimum requirements, immovability and accessibility, by making staked Ether liquid and allowing for participation in DeFi.
Vasiliy Shapovalov, Co-founder of Lido, joined us to talk about all things Ethereum staking and the benefits of liquid staking with Lido.
Topics discussed in this episode:
Vasiliy's background and how he got into crypto
An overview of Lido and the problem it solves
How Ethereum 2.0 staking works
Lido's fee structure and business model
Lido's governance model and the LDO token
How the ETH/stETH peg is maintained
Liquid staking and its role in DeFi
Lido for other blockchain networks like Solana
The LEGO Grant program
Links mentioned in this episode:
Lido: https://bit.ly/3FjGIyt
Vasiliy's talk at EthCC: https://bit.ly/3iErv1f
Lido on Twitter: https://bit.ly/3Bmeh0s
Vasiliy on Twitter: https://bit.ly/3De17TO
Sponsors:
Gnosis Safe: Gnosis Safe is a smart wallet for securely managing digital assets and allows you to define customized access permissions. - https://epicenter.rocks/gnosissafe
This episode is hosted by Friederike Ernst & Sebastien Couture. Show notes and listening options: https://epicenter.tv/412