How did Lido Finance [LDO] do, before and after Ethereum’s Merge

Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.  Interestingly, data from Dune Analytics revealed that at press time, with 4,170,811 ETH staked with the liquid staking platform, it still holds over 30% of … Read more

ETH 2.0: All the latest development investors could capitalize on

With eight days till the end of August, the start of the next month comes with increased anticipation for the most significant event within the blockchain ecosystem in the last year –  the Ethereum Merge or, as many put it, “Ethereum 2.0.”  With 15 September confirmed as the date for the eventual transition of the … Read more

What these divergences mean for LDO’s waning buyers’ interest

With the Ethereum Merge just a few weeks away, happenings around the number one protocol facilitating the staking of ETH – Lido Finance – have become more interesting. Data from Santiment revealed that over the last few months, Lido’s native token, LDO, exhibited divergences in some of its on-chain metrics. In fact, according to Santiment, … Read more

Analysing how Lido became the top ranked DeFi protocol, with TVL over $18B

Despite a plunge in the total value locked in decentralized finance in 2022, Lido Finance continues to see a spike in TVL since 1 March, 2022. It achieved one milestone after the other as the year progressed. In fact, since the starting of this month, the protocol gained 18% in total value locked. On that … Read more