Analyzing Lido Finance’s ebb and flow amid market unrest

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The recent capitulation rarely had a negative impact on the Lido Finance ecosystem except for a few sides.

Even as a top liquid staking platform,

felt the impact of the turbulence. This was the case with many other assets in the market. During the period of unrest, the value of LDO decreased by 18.94%.However, there were some positive outlooks on the Lido ecosystem. According to Dune Analytics, deposits on theFor context, the Beacon Chain acts as the ledger of accounts responsible for conducting and coordinating the network of Ethereum stakers. This happens before stakers validate blocks on the blockchain.

However, this chain does not process transactions or handle smart contract interactions because it does not operate on the execution later, but on the consensus layer.

 

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