Dear Users,
Kindly be advised that DuCrypto will be adding LDO/FIS currencies.
LDO/FIS Trading time: Opening at 2022-08-17 At 15:00 KSA Time (UTC+3)
Ducrypto will continue to track trending assets to add to the exchange. Thank you for your continued support!
Thank you for your continuous support.
Ducrypto
17-08-2022
What Is Lido?
Lido is a liquid staking solution for Ethereum. Lido lets users stake their ETH – with no minimum deposits or maintaining of infrastructure – whilst participating in on-chain activities, e.g. lending, to compound returns.
LDO is the native utility token that is used for:
- Granting governance rights in the Lido DAO.
- Managing fee parameters and distribution.
- Governing the addition and removal of Lido node operators.
What Is StaFi?
StaFi is the first DeFi protocol unlocking liquidity of staked assets. Users can stake PoS tokens through StaFi and receive rTokens in return, which are available for trading, while still earning staking rewards. rToken is a synthetic staking derivative issued by StaFi to users when users stake PoS tokens through StaFi rToken App . rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. rTokens can be transferred and traded at any time.
