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Lido Finance: How these factors helped LDO climb 33% after V2 reveal
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Thirteen days after Lido Finance [LDO] announced its V2 upgrade, the largest since its launch, the token’s value has increased by 33%.
Needless to say, the development played its part in the uptick. But there were missing pieces that might have been overlooked over the course of the surge.
How much are 1,10,100 LDOs worth today ?
According to the Token Unlocks dashboard, Lido’s position as the biggest player in the Ethereum [ETH] liquid staking sector was not void of contribution.
<p lang=«en» dir=«ltr» xml:lang=«en»>@LidoFinance remains the largest player in the liquid staking $ETH market, with 5m+ staked $ETH, accounting for ~1/3 of all staked $ETHThe second largest player holds just 1m staked $ETH
We have also discussed other LSD protocols in this tweet
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