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home / articles / DAO - Lido's Explosive Growth Sparks Debates Over Centralization Risks | Benzinga


DAO - Lido's Explosive Growth Sparks Debates Over Centralization Risks | Benzinga

Liquid staking protocol Lido (CRYPTO: LDO) on Monday announced that the platform's Total Value Locked (TVL) surpassed $20 billion for the first time since April 2022, and the number of first-time ETH stakers on Lido exceeded 200,000 in November.

However, this rapid growth has sparked debates within the Ethereum (CRYPTO: ETH) community regarding Lido's increasing influence.

Lido's TVL experienced a notable upswing of over 18%, driven by an increase in net ETH ...

Full story available on Benzinga.com

Stock Information

Company Name: Youdao Inc - ADR
Stock Symbol: DAO
Market: NYSE
Website: youdao.com

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