Stake LIDO ETH
with Simply Staking

Lido is a decentralized staking platform that allows users to stake their assets, such as Ethereum, without needing to lock up their tokens. Lido provides liquid staking solutions, meaning users receive derivative tokens in return for their staked assets, which can be used in other DeFi applications.

When you stake assets through Lido, you receive liquid staking tokens (e.g., stETH for Ethereum) that represent your staked assets. These tokens accrue staking rewards over time and can be traded, used in DeFi, or held, giving you flexibility while your original assets remain staked and secure the network.

LDO is the governance token of the Lido protocol. It allows holders to participate in governance decisions, such as protocol upgrades and fee structures. The LDO token is also used to incentivize network participants and align the interests of the Lido community.

You can stake Ethereum (ETH) directly via Simply Staking by clicking the "Stake" button above. By doing so, you'll receive stETH in return, which represents your staked ETH and earns rewards while providing liquidity that can be used elsewhere in the DeFi ecosystem.