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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

Lido Dao key facts
TypeLido DAO governance forum
ProtocolLiquid staking service for Ethereum
TokenLDO
Forum caveatPosts are not official or legally binding decisions
ChainsEthereum
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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