Buying Lido DAO (LDO) is easy!

Buying Lido DAO (LDO) easily and safely? Find out how to do it and follow the value of the crypto!

What it is and how it came about

Lido DAO or Lido Finance is a decentralised finance service. Its creators are crypto influencer Jordan Fish (also known as Crypto Cobain), and the two founders of P2P Validator, a staking service. 

Lido was born in a key period for the Ethereum ecosystem, namely when the blockchain was preparing to convert to a Proof-of-Stake system. Indeed, in December 2020, Ethereum’s Beacon Chain was launched, which for the first time allowed ETH to be staked. However, these coins could not be removed from staking until the Shanghai update, which took place only two years later, and the minimum amount of stakes was 32 ETH.

The Lido DAO team therefore developed a decentralised protocol that allows both the staking of any amount of ETH and unstaking. But the biggest innovation that could lead you to buy Lido DAO (LDO) is liquid staking: for every ETH you deposit in the protocol, you receive a stETH, i.e. a token that can be used in many DeFi applications developed on Ethereum.

Why buy Lido DAO (LDO)

LDO is the governance token of Lido DAO, and is used to vote on decisions concerning the development and improvement of the service. The token has a limited supply of 1 billion. Apart from the utility of LDOs, why buy Lido DAO?

In May 2023, Lido V2 was released, with substantial improvements in decentralisation and staking experience: this demonstrates the team’s activity and commitment. Not only that, the decentralised governance structure, thanks to the DAO, encourages the involvement of all its users in participating in the project.

At the institutional level, Lido DAO has been verified by 14 technical auditing organisations, and is financed by a large number of investment funds, first and foremost Paradigm and a16z.

Buying Lido DAO (LDO) can therefore be an option both for those who actively use DeFi and for those who simply want to follow the project on the market.

Stay up to date with the price of Lido DAO

Price 24H
Change 24H
Daily High
Circulating Supply
Market Cap

Unlimited access to +1000 free content items

Unravel the intricate world of DeFi, NFTs, DApps, Metamask, and more. Whether you're a beginner or an expert, our Academy is your roadmap to navigating the crypto market!

Young Platform Academy

Buy Lido DAO in 3 steps on Young Platform

Sign Up and Verify Your Identity
Enjoy free registration and full control over your funds. Move your money how you want, when you want.
Pay with Card, Bank Transfer or Apple and Google Pay
Start with every penny you have. Whoever said you need a fortune to enter this market has misled you.
Instantly Buy and Sell
Tailor your strategy and leverage automation to maximise your outcomes. Trade on your own terms.

What does the Young Platform do?

Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.

Check out the Top movers

Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.

Buy Lido DAO