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3232Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
https://www.digit.info/value-locked-in-lido-rises-prior-to-ethereums-merge-ldo-token-jumps-23-higher-in-7-days/
Mon, 05 Sep 2022 19:00:22 +0000https://www.digit.info/2022/09/05/value-locked-in-lido-rises-prior-to-ethereums-merge-ldo-token-jumps-23-higher-in-7-days/Read more]]>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 (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi) and liquid staking protocol Lido’s total value locked […]
]]>Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
https://www.digit.info/lido-deploys-additional-curve-pool-to-improve-liquidity-around-bonded-eth-peg/
Fri, 13 May 2022 17:30:50 +0000https://www.digit.info/2022/05/13/lido-deploys-additional-curve-pool-to-improve-liquidity-around-bonded-eth-peg/Read more]]>On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size […]
]]>Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions
https://www.digit.info/terra-fiasco-stirs-value-locked-in-defi-lido-anchor-plummet-to-lower-positions/
Wed, 11 May 2022 17:30:52 +0000https://www.digit.info/2022/05/11/terra-fiasco-stirs-value-locked-in-defi-lido-anchor-plummet-to-lower-positions/Read more]]>Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed Lido down to the third-largest TVL position […]