Name: Lido Staked SOL
SKU: stSOL
Price: 168.640927033151 USD

Lido for Solana is a Lido-DAO governed liquid staking protocol for the Solana blockchain. Anyone who stakes their SOL tokens with Lido will be issued an on-chain representation of SOL staking position with Lido validators, called stSOL. Lido for Solana gives you:<ul><li>Liquidity — No delegation/activation delays and the ability to sell your staked tokens</li><li>One-click staking — No complicated steps</li><li>Decentralized security — Assets spread across the industry’s leading validators chosen by the Lido DAO.</li></ul>Lido for Solana is part of the Lido Decentralized Autonomous Organization (Lido DAO) which governs and enables the development of liquid staking solutions on different blockchains. The first liquid staking protocol solution was built for Ethereum — and now Lido is expanding to different blockchain networks.

Lido Staked SOL

stSOL is liquid staking derivative of SOL issued by Lido Protocol.

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Solana‘s total value locked (TVL) currently stands at $4.666 billion, with a bridged TVL reaching just over $21 billion as of press time. This figure is distributed across dozens of protocols, each contributing to the burgeoning ecosystem in a unique way.  The distribution of value across protocols is an indicator of user preferences, emerging trends, […]
The post Solana’s DeFi landscape matures with significant growth in liquidity and lending sectors appeared first on CryptoSlate.

Lido Staked SOL stSOL

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Solana’s DeFi landscape matures with significant growth in liquidity and lending sectors