Lido’s staking protocol now holds 33% of all staked ether.
LDO jumped 27% in 24 hours, with most of the gain coming in the Asian morning.
Staked ETH tokens are still showing signs of investor confidence.
The DeFi protocol overtook Curve before falling back into second place.
For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform.
Staking rewards of as much as 8% will be offered to its card users, the company’s CEO said.
Lido might be on track to control over 50% of all staked ether on the Beacon Chain. Better it than Coinbase, proponents say.
The U.S. needs to get straight on staking rewards, or risks losing its edge on the crypto industry.
The company will invest the money in PoS networks, protocols and related products over the next three years.
Ether staking yields are likely to be in the range of 10% to 15% following the Ethereum 2.0 upgrade, one trader said.