Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $42,850,283,271 | Market Cap: $2,608,889,768,974
Lido DAO
LDO
$1.53
Sector
Defi
Exchange Debut
2021-01-05
Market Cap
1,364,029,952
Maxim Supply
1,000,000,000
Circulating Supply
893,575,251
Circ. Supply(%)
89.36%
Lido DAO
LDO
Price
$1.53
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
112283954
1.630491289572
1.482917863067
Change 24h
Change 7d
Change 30d
-6.0928
-20.6385
-34.11
Maxim supply
Circulating supply
Circulating supply(%)
1,000,000,000
893,575,251
89.36%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Lido DAO cryptocurrency:
Lido DAO is a notable project in the cryptocurrency sector, focusing on offering a liquid staking solution for Ethereum. The project leverages its native utility token, LDO, for governance rights, managing fee parameters and distribution, and governing the addition and removal of node operators. Our fundamental analysis of the cryptocurrency Lido DAO provides it a commendable overall score of 7.94 out of 10, indicating promising potential.
SOCIAL & MASS MEDIA: Score 7.5 out of 10
Lido DAO’s strong presence in the digital sphere contributes positively to its reputation and growth. The project effectively attracts followers on social media pages and maintains an active presence, earning a perfect score of 10. The active participation of social media administrators, marked at 8, further strengthens this image. However, there is room for improvement in community activity on social media pages, which scores a 4 out of 10, reflecting the need for more engagement strategies. Lido DAO’s significant media presence and sizable chat group communities contribute to a solid final score.
AUDIT & SECURITY: Score 8.7 out of 10
When conducting a fundamental analysis of the cryptocurrency Lido DAO, the project displays strong audit results and impressive liquidity on exchanges, both scoring a 9 out of 10. However, transparency of information available to the public could be improved, currently sitting at a 7 out of 10, to build additional trust within the community.
TOKENOMICS: Score 7.2 out of 10
Tokenomics is vital for the success of any crypto project. In the case of Lido DAO, it demonstrates a moderately inflationary model, scoring 9 out of 10. The centralization of the monetary mass stands at a decent 8 out of 10. These factors combined assure investors of a well-structured token economy that supports the longevity and stability of the project.
ECOSYSTEM DEVELOPMENT: Score 7.8 out of 10
Our fundamental analysis of the cryptocurrency Lido DAO reveals consistent achievement of objectives and plans for new developments, both scoring a 9 out of 10. This reflects Lido DAO’s commitment to continual growth and innovation, which contributes to the overall health of the project.
TEAM & DEVELOPERS: Score 7.6 out of 10
The Lido DAO team has a strong background with a score of 8 out of 10 in terms of experience. However, the number of software developers, scoring a 6 out of 10, suggests the need for expanding the development team to accelerate progress and handle future challenges.
PRODUCT & UTILITY: Score 8.2 out of 10
In terms of utility, the fundamental analysis of the cryptocurrency Lido DAO shows that both the product and token usage in the ecosystem score highly. This underlines the practical value of the project and its potential for real-world applications and usage.
PARTNERS & INVESTORS: Score 9 out of 10
Lido DAO has managed to garner the support of significant investors and partners, demonstrating a high score in both quality and quantity. This indicates a strong belief in the project’s potential and sustainability, thereby increasing the overall confidence of potential investors.
Fundamental analysis of the Lido DAO cryptocurrency – The final conclusion
With these scores in mind, our detailed fundamental analysis of the cryptocurrency Lido DAO reveals a project with strong potential. Its impressive scores across different categories highlight the strengths of Lido DAO and also areas for improvement. In terms of investment opportunity, the promising ecosystem development, solid social media presence, and robust partnerships and investors make Lido DAO an appealing prospect. However, potential risks lie in the need for greater transparency, more community engagement on social media, and the expansion of the development team. These factors need to be addressed for the project to reach its full potential.
Despite these challenges, the high scores in audit and security, along with strong product utility, reflect a well-founded project with promising prospects. When considering investment potential, it’s crucial to note that Lido DAO presents a significant opportunity, particularly for those interested in the utility and governance of Ethereum’s ecosystem.
To reiterate, our fundamental analysis of the cryptocurrency Lido DAO represents a promising investment opportunity given its strengths in various categories. However, potential investors should always carry out personal research and consider their risk tolerance before investing, as all investments come with inherent risks.
In conclusion, the Lido DAO project, based on our comprehensive analysis, shows promise and potential. Despite a few areas for improvement, its innovative approach to Ethereum staking, strong community backing, robust security, and progressive ecosystem development position it as an exciting prospect in the dynamic world of cryptocurrency. This is reflected in its strong overall score of 7.94 out of 10 in our analysis.
An Introduction to Lido DAO: Liquid Staking Reinvented
Lido is a liquid staking solution for Ethereum, the imminent leader of staking economies. It offers users an opportunity to stake Ether (ETH) without restrictions such as minimum deposits or staking infrastructure management. Lido goes beyond traditional staking by enabling users to participate in on-chain activities like lending, thus amplifying returns.
The Power of LDO: Lido’s Utility Token
Lido leverages its native utility token, LDO, for vital functions. LDO grants governance rights within the Lido DAO, adjusts fee parameters, manages distribution, and oversees the inclusion or removal of node operators.
Lido DAO: Pioneering Ethereum’s Liquid Staking Service
Lido DAO is a decentralized autonomous organization that engineers liquid staking for Ethereum, allowing users to enjoy staking rewards without the inconvenience of locking assets or maintaining a staking setup. The arrival of Ethereum 2.0’s Phase 0 marked the dawn of Lido’s staking service.
Addressing Ethereum 2.0’s Market Risk with Lido’s Solution
Ethereum 2.0’s initial stages present a market risk due to the immobilization of staked assets until Ethereum 2.0 reaches Phase 1.5 or Phase 2. Lido’s protocol ingeniously solves this issue with its liquid staking.
Introducing stETH: Lido’s Innovative Approach to Staking
Deposits in Lido’s smart contracts yield stETH, a tokenized version of staked ETH that can be transferred without liquidity constraints, making it a flexible alternative to self-staking. This innovation enables staking on any size deposit without needing to manage a validator node. The DAO oversees stETH issuance, ensuring node operators never gain direct access to user assets.
Transparency and Profitability with Lido’s Staking Protocol
Initially, Lido imposes a 10% fee on staking rewards, allocated among node operators, the DAO, and an insurance fund protecting against slashing. This level of fee should enhance the profitability of Lido staking compared to most exchange staking options. Furthermore, Lido’s staked ETH is fully auditable, eliminating reliance on single-party private key management.
The Fundamental Analysis of Lido DAO Cryptocurrency
In essence, Lido revolutionizes staking by freeing staked assets from liquidity constraints while maintaining profitability and transparency. It marks a significant step towards a decentralized approach to liquid staking amidst Ethereum 2.0’s limitations. Its fundamental analysis is promising, positioning it as a leader in the realm of cryptocurrency staking.
- Latest analysis update: June 15, 2023
Lido DAO - LDO performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
