Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH By Cointelegraph
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The decentralized autonomous organization (DAO) behind Lido — the largest staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury.
A proposal was submitted on Feb. 14 by the DAO’s financial unit, Steakhouse Financial that considers four choices, one of which contemplates staking part or all of its ETH on Lido in the form of Lido Staked ETH (stETH).
Continue Reading on Coin Telegraph
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The decentralized autonomous organization (DAO) behind Lido — the largest staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury.
A proposal was submitted on Feb. 14 by the DAO’s financial unit, Steakhouse Financial that considers four choices, one of which contemplates staking part or all of its ETH on Lido in the form of Lido Staked ETH (stETH).
Continue Reading on Coin Telegraph