Cryptocurrency Q&A What is ldo coin used for?

What is ldo coin used for?

CryptoPioneer CryptoPioneer Sun Oct 27 2024 | 7 answers 1150
I'm curious about the LDO coin. I want to know its specific use cases or purposes. What can I utilize the ldo coin for in the crypto world or beyond? What is ldo coin used for?

7 answers

Nicola Nicola Mon Oct 28 2024
LDO serves as the governance token for Lido.

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TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Mon Oct 28 2024
Ethereum and Solana are among the networks supported by Lido.

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SejongWisdomKeeperElite SejongWisdomKeeperElite Mon Oct 28 2024
Lido operates as a liquid staking protocol.

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Silvia Silvia Mon Oct 28 2024
LDO tokens play a crucial role in governing the Lido DAO.

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CryptoEnthusiast CryptoEnthusiast Mon Oct 28 2024
The Lido DAO is responsible for overseeing the development of Lido.

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