Lido DAO Review: Is Its Governance Forum for You?
Lido DAO’s forum is for discussing governance of an Ethereum liquid-staking project; it is not itself a staking app. If you want to stake ETH, check the separate Lido service and its current terms before depositing.
By the SkyBitcoins review team · Updated
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At a glance
Lido Dao key facts
| Type | Lido DAO governance forum |
|---|---|
| Protocol | Liquid staking service for Ethereum |
| Token | LDO |
| Forum caveat | Posts are not official or legally binding decisions |
| Chains | Ethereum |
| Updated |
Lido Dao FAQs
Is the Lido DAO forum the Lido staking app?
No. The forum is for discussion about Lido DAO governance, while Lido’s service is described as providing liquid staking on Ethereum. Don’t treat a forum account as a way to stake ETH.
What is LDO used for?
LDO is identified as Lido’s governance token. The forum cautions that posts reflect personal opinions and are not official decisions or legally binding commitments, so a discussion post alone does not establish that a proposal has passed.
What does Lido do?
The forum describes Lido as a community building an Ethereum liquid-staking service that aims to let users earn staking rewards without locking assets or maintaining staking infrastructure. This page does not provide the service’s current fees, withdrawal terms or security details.
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How we checked
Sources
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