Cryptocurrency Q&A What is lido fee?

What is lido fee?

Lorenzo Lorenzo Sat Jun 15 2024 | 7 answers 1257
I don't understand this question. Could you please assist me in answering it? What is lido fee?

7 answers

Eleonora Eleonora Mon Jun 17 2024
The fee is split between node operators and the DAO Treasury, ensuring that both parties benefit from the staking process.

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Riccardo Riccardo Mon Jun 17 2024
The protocol fee is a crucial aspect of Lido's staking services. It ensures a sustainable and equitable distribution of staking rewards.

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Dario Dario Mon Jun 17 2024
Lido applies a 10% fee on staking rewards, which serves as a means of compensating node operators for their efforts and maintaining the health of the staking network.

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Enrico Enrico Sun Jun 16 2024
For Ethereum stakers, Lido provides transparent and accessible information on staking APR. You can find more details on the Ethereum landing page and in our comprehensive Docs.

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CryptoTitaness CryptoTitaness Sun Jun 16 2024
Node operators receive a portion of the fee as compensation for their role in validating and securing the blockchain.

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