LDO, short for Lido DAO Token, is an ERC-20 token that serves as the governance token for Lido DAO. This token is crucial for governance activities such as proposing and voting on changes within the Lido ecosystem. Lido DAO itself is a decentralized autonomous organization that provides staking infrastructure across multiple blockchain networks. Its unique selling point is offering a liquid staking solution for Ethereum, where users can stake ETH and receive stETH tokens in return.
$2.54 ≈ ¥18.12
According to official records, LDO reached its all-time high of $155.26 on June 30, 2021, and its all-time low of $0.4015 on June 18, 2022. LDO is a cryptocurrency operating on the Ethereum platform. Lido DAO aims to offer liquid staking services for the Ethereum network, allowing users to stake their Ethereum and receive liquid tokens, maintaining control over their staked assets.
Lido operates as a decentralized autonomous organization, meaning it's a transparent entity governed by cryptographic rules rather than traditional centralized corporate mechanisms. Since there's no central authority, governance tokens like LDO are essential for proposing and implementing platform changes.
Looking forward, LDO is set to delve deeper into Layer 2 technology development and application, aiming for more efficient transactions and lower costs. The token will continue to enhance the experience for holders by introducing more quality assets and liquidity management methods, strengthening community building, and expanding globally. LDO will also collaborate more actively with partners, enhancing interactions and integrations with other projects to explore more ecosystem collaboration opportunities.
To buy LDO, you can head to one of the 49 exchanges where it's listed, including OKX, Binance, and Huobi. Here's a step-by-step guide on how to purchase LDO on OKX:
1. Visit the OKX official website (register here), enter your email on the homepage, and click "Register."
2. Slide the slider to the right to complete the puzzle verification, then enter the verification code sent to your email. The code is valid for 10 minutes.
3. Next, enter your phone number and click "Verify Now."
4. Enter the six-digit verification code sent to your phone, which is also valid for 10 minutes.
5. Select your country of residence, and check the boxes for the terms of service, risk and compliance disclosure, and privacy policy and statement.
6. Create a password that meets the following requirements: 8-32 characters long, including at least one lowercase letter, one uppercase letter, one number, and one symbol such as !@#$%.
7. After logging in, find the "User Center" icon on the homepage and go to the identity verification page.
8. Choose the level of verification according to your needs. Note that video verification must be done via the app.
9. Before trading, you'll need USDT. You can buy it through the C2C trading section. Select a suitable seller, click "Buy," and follow the prompts to make the payment and wait for the seller to release the coins. If you don't receive your coins after a while, you can contact customer service.
10. Click "Trade" on the homepage, then "Spot" to enter the trading page.
11. In the search bar, type LDO and select the LDO/USDT trading pair to see the real-time market data for LDO.
12. Enter the amount of LDO you want to buy and click "Buy LDO" to complete the purchase.
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