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STDOT

Lido Staked Polkadot

STDOT
Current price
Stock Type Cryptocurrency
Official Website polkadot.lido.fi
Hashing Algorithm
Capitalization
Position among cryptocurrencies by capitalization
Trading Volume

Price Schedule

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Month
Year
STDOT
18.12.2024 - 25.12.2024

Lido DOT Liquid Staking Protocol, built on the Polkadot chain, allows their users to earn staking rewards on the Polkadot chain without locking DOT or maintaining staking infrastructure. Lido on Polkadot make DOTs liquid while staking. It ensures maximized yield and availability of staking and makes leverage options possible while being decentralized and secure. Users can deposit DOT to the Lido smart contract and receive stDOT tokens in return. Unlike DOT staked directly on the Polkadot network, the stDOT token is free from the limitations associated with the lack of liquidity and can be transferred at any time. The stDOT token balance corresponds to the amount of the Polkadot chain DOT that a holder can withdraw. That becomes possible because of permissionless validator node selection and dynamic reallocation algorithms along with slashing hedging deployed on Moonbeam parachain and empowered by XC-20 cross-chain token standard.

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Asset Value Dynamics

ZOC

ZOC

0.00020 USD 01coin +0.00000006 USD (+0.03%)
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1MIL

1MIL

0.040 USD 1MillionNFTs +0.00046 USD (+1.18%)
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FIT

FIT

0.00047 USD 300FIT -0.000018 USD (-3.61%)
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ZOC

ZOC

0.00020 USD 01coin +0.00000006 USD (+0.03%)
Detailed analytics
1MIL

1MIL

0.040 USD 1MillionNFTs +0.00046 USD (+1.18%)
Detailed analytics