Cryptocurrency Q&A
What is lido staked sol?
What is lido staked sol?
Silvia
Tue Oct 29 2024
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6 answers
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I'm trying to understand what lido staked SOL is. Could someone please explain it to me in simple terms? I want to know how it works and what its purpose is in the crypto world.
6 answers
QuasarStorm
Thu Oct 31 2024
Lido Staked SOL, also known as 'Lido for Solana', is a unique liquid staking protocol.
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mia_rose_lawyer
Thu Oct 31 2024
This protocol is governed by Lido-DAO and specifically designed for the Solana blockchain.
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InfinityEcho
Thu Oct 31 2024
It allows users to stake their SOL tokens and receive a representation of their staking position on-chain.
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KimonoGlory
Wed Oct 30 2024
This on-chain representation is issued by Lido validators and is known as stSOL.
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SsamziegangSerenade
Wed Oct 30 2024
By staking SOL tokens with Lido, users can enjoy the benefits of liquid staking.
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