is a leading DeFi protocol wherein users, for Lido Staked ETH and a small percentage in yield, are allowed to deposit Ethereum.published on 15 July, the protocol updated its users on the developments related to Lido and the “surrounding liquid staking space” between 8 July and 15 July.
Amongst other updates, Lido Finance stated that with a 0.3% uptick recorded between 8 July and 15 July, the total amount of ETH staked with the protocol stood at 4,129,728 ETH. In the period under review, the token’s market capitalization also grew from $195.73 million to $520.67 million.
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