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Tag: LIDO

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The Lido community votes to stake 20,000 ETH with the goal of earning $2 million per year

Central issues: The proposal to stake 20,000 ETH in the treasury and anticipate a $2 million annual income is approved by the Lido community. Expected 4% to 6% pace of return on marked ETH features local area’s obligation to monetary maintainability and functional costs inclusion. The Lido community has successfully passed a proposal to stake…
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Liquid Staking Derivatives: Excellent Benefits for DEFI’s Future

To offer a more adaptable way to stake and earn, more and more DeFi Protocols are beginning to support LSD. Crypto enthusiasts are interested in liquid staking derivatives, a relatively new way to make money with cryptocurrencies. What advantages does it offer, then? Is this one of the motivations for Defi?   What causes DeFi…
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