Binance shared a post on Twitter from their website on their plans of listing Lido Finance. They aimed to give all Binancians the good news of the LDO listing and guidelines to use it. Binance Will be Listing Lido Finance Lido DAO (LDO) would be listed on Binance at 11:00 UTC on 9th May (UTC). To begin trading, there’ll be three different trading pairs to choose from: LDO/BTC, LDO/USDT, and LDO/BUSD. Users can now begin depositing LDO to trade. The LDO would begin at 11:00 (UTC) on 10th May. Withdrawal activity can be viewed in real-time by visiting the withdrawal website. The listing fee for Lido Finance is 0 BNB. How Does Lido Work? Lido develops cutting-edge liquid staking technologies to expand the staking system. Lido allows people to bet their valuables for daily payouts. There is no minimum quantity of tokens that a user can stake. When staking Lido, you create tokens equal in value to the amount of money you put in. Using staked tokens in other parts of the DeFi ecosystem will multiply your earnings. Lido allows you to generate yield on top of the yield by using your staked assets. The Lido DAO is a group of people who work together to construct and control Lido’s liquid staking solutions. A rising number of Lido DAO users are helping to design the platform’s future. Lido Finance provides Kusama, Ethereum 2.0, Solana, and Terra staking solutions. Staking with Lido allows users to retain ownership and liquidity over the...
