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7 answers
Riccardo
Wed Jun 19 2024
Jordan Fish, Vasiliy Shapovalov, and Konstantin Lomashuk, visionaries in the blockchain space, embarked on a journey to revolutionize staking.
CryptoNinja
Wed Jun 19 2024
Recognizing the inherent challenges in staking, such as illiquidity and stringent minimum staking requirements, they saw an opportunity to create a more accessible and efficient solution.
charlotte_anderson_explorer
Wed Jun 19 2024
Their brainchild, Lido, aimed to democratize staking by removing these barriers and making it more inclusive for a broader range of crypto enthusiasts.
Riccardo
Tue Jun 18 2024
To achieve this, Lido and its DAO (Decentralized Autonomous Organization) were formed, providing a platform where users could stake their cryptocurrencies with ease and flexibility.
lucas_lewis_inventor
Tue Jun 18 2024
The team understood that staking was often complex and inaccessible, especially for those with limited funds or technical know-how. Lido aimed to simplify the process, making it more user-friendly.