Lido for Solana is a decentralized, governance-driven liquid staking protocol on the Solana blockchain, operated by the Lido DAO. When users stake their SOL tokens through Lido, they receive an on-chain token called stSOL, representing their staking position with Lido validators. This platform offers liquidity—allowing users to trade their staked tokens without delays or unlocking periods—and simplifies staking with a one-click process. It also ensures security through a decentralized validator network selected by the Lido DAO. Originally developed for Ethereum, Lido is now expanding its liquid staking services to other blockchains.
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