Analizuojamas „Lido Finance“ potencialas kilti už staklių ribų

Lido finansai [LDO], the largest platform for liquid staking services on „Ethereum“ [ETH] continues to impress investors.

In the past week, the native token (LDO) rallied more than 18% on CoinMarketCap. Even at press time, LDO surged by more than 11%, changing hands at $2.15.

But does the platform has more to offer to investors/traders?

What I bring to the table

Over the years, Lido Finance has empowered investors to put their staked assets to use on the Ethereum network. And, this is not just limited to Ethereum, but also extends to Solana [SOL], Polygon [POLY]ir „Polkadot“ [DOT].

But yes, the said platform represented the largest liquid staking derivative (LSD) provider of any protocol on ETH.

Numerically speaking, with 4,149,796 ETH staked through it so far, Lido Finance is the leading staking provider ahead of the Merge.

tai atstovaujama more than 31% of the total ETH staked in the market at press time. 

But that’s not it. Lido has released a proposal to expand the staked ETH (stETH) footprint to Ethereum’s two largest L2 chains: Optimizmas ir Arbitrumas.

ERGO, expanding Lido DAO’s staked $ ETH (stETH) footprint as elaborated by Messari. 

šaltinis: Messaria

Meanwhile, to offset the complexity around the stETH token contract, Lido Finance even incorporated wstETH, a wrapped version of STETH. Herein, the former was specifically designed for smart contract integrations.

Lido chose to support only wstETH – wrapped staked Ether – for several reasons, it claims. However, it only shared that wstETH offered “simplified bridge contracts and ease of integration, both with bridges and general DeFi space.” Hence, the offsetting part. 

Šaltinis: Messari

Thus, came the extra support to handle the aforementioned integration: Optimism and Arbitrum. On 18 August, Lido Finance unveiled the next step as part of its expansion plan. The staking platform aimed for layer 2 networks mentioned here.

Thereby, showing its tikslas to tap into the Ethereum network’s full potential through L2s.

Sėkmės ir nesėkmės

Po šešis mėnesius trukusio nuoseklaus bendros užblokuotos vertės (TVL) mažėjimo DeFi ekosistemoje liepa buvo naujų dalykų pradžia, nes TVL daugelyje protokolų pradėjo atsigauti.

At press time, LDO TVL on the DefiLama platform stovėjo esant 7.03 milijardo dolerių.

But probably the biggest risk to Lido Finance at this point is confidence in the derivatives. One of the reasons why stETH has been making headlines lately is because it has lost its peg to ETH.

Šaltinis: CoinMarketCap

At the time of writing, stETH was priced at $1,566, which can be considered at a 1.2% discount to ETH ($1.65k). This could indicate a bit of pressure on the stETH peg, which got catalyzed by illicit events, such as the Celsius and Terra collapse.