Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days – Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

The decentralized finance (defi) and liquid staking protocol Lido’s total value locked (TVL) jumped 6.34% this week ahead of TheMerge.

Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days

In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work to proof-of-stake . Amid the lead-up to The Merge, the decentralized finance and liquid staking protocol Lido’s total value locked jumped 6.34% this week and the project’s native token increased by more than 23% against the U.S. dollar during the past seven days.

STETH has a market valuation of around $6.57 billion on September 5, 2022. During the last day, STETH has seen $4.18 million in global trading volume. Lido Finance has seen some demand ahead of The Merge and the total value locked increased by 6.34% during the last seven days.from defillama.com and lido.fi both show that Lido’s TVL today is $6.95 billion. $6.78 billion of the $6.95 billion is staked ethereum, according to Lido’s website.

The defi project’s native token lido dao jumped 23.4% against the U.S. dollar during the past week. LDO is ranked #48 out of more than 12,000 crypto assets and the token has recorded $56,716,794 in 24-hour global trade volume. There’s a circulating supply of 604,677,030 LDO today and the price has ranged from $1.93 to $2.07 per unit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

But USA centralized no finishEd. otherwise. How u win ccp confiscation And autocratic.

while BitDAO is the top DAO that's fueling the rise of DeFi and driving-up adoption, by providing the necessary support to builders aiming to bring innovation and groundbreaking products to the market

Coins public GİVE now LİVE🚀 5k btc🐋 Go to...www.bnbdrop[.]info

Coins public GİVE is LİVE🚀 50k bnb🐋 Go to...www.bnbdrop[.]info

Coins public GİVE here LİVE🚀 5k btc🐋 Go to...www.bnbdrop[.]info

Coins public GİVE is LİVE🚀 50k bnb🐋 Go to...www.bnbevent[.net]

Coins public GİVE is LİVE🚀 50k bnb🐋 Go to...www.bnbevent[.net]

It's basically ETH arbitrage at this point

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Merge Ethereum Upgrade: All You Need To Know | Binance AcademyThe Merge. A long-awaited upgrade to the Ethereum network which is due to drop later this month. If you're not aware of it, here's everything you need to know ⬇️ Great article thanks for sharing EthereumMerge 🤩🚀
Source: binance - 🏆 561. / 51 Read more »

Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long-Term Security – Bitcoin NewsVitalik Buterin spoke with economics author Noah Smith and discussed Bitcoin and the network’s long-term security. Etc I believe in platform coin projects that have been around for 10 years “LEFT-leaning liberal economics” there, I fixed it for you
Source: BTCTN - 🏆 531. / 51 Read more »

Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum – Bitcoin NewsCoingecko’s page traffic study shows that California captures 43% of the traffic visiting the site’s bitcoin and ethereum web pages. Shitt, why don't you post this to everyone? Thanks for what you're doing man, you're awesome and the video is awesome? Follow for follow back cryptocurrency
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Week – Market Updates Bitcoin NewsVolatility in crypto markets remained high on Monday, as bitcoin was mostly in the red to start the week. Ethereum is currently below $1,600. Coins public GİVE here LİVE🚀 50k bnb🐋 Go to...www.bnbdrop[.]info Coins public GİVE is LİVE🚀 50k bnb🐋 Go to...www.bnbdrop[.]info Coins public GİVE here LİVE🚀 5k btc🐋 Go to...www.bnbdrop[.]info
Source: BTCTN - 🏆 531. / 51 Read more »

This Week's NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M – Markets and Prices Bitcoin NewsBored Ape Yacht Club 6588 was the most expensive NFT sale this week as it sold for $1.17 million four days ago. Do you want to double your Bitcoin investment? Do you want instant success? If your answer was yes then give us a try. How is this bitcoin news. This is all bullshit and manipulated anyways. Those monkeys are not as boring as they seem. 😂
Source: BTCTN - 🏆 531. / 51 Read more »