August 9, 2021, 8:48AM EDT
• 10 min read

Lido: an ETH 2.0 liquid staking solution

Quick Take

  • Lido enables users to deposit Ether and earns passive income from Ethereum 2.0 staking
  • Withdrawals are unavailable until 2022, depending on the development of Ethereum 2.0
  • Ether staked via Lido is mostly custodial, while solutions are being proposed and implemented to decentralize the protocol further 
  • Lido has the largest market share among ETH 2.0 liquid staking protocols

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