With this post, we want to provide a quick intro to Lido, briefly explain how it works, and present our involvement with the project.

Lido is a liquid staking solution for Ethereum 2.0

What is Lido and how does it work?

Lido is a liquid staking pool solution for Ethereum 2.0. The core of Lido is its’ staking pool protocol, a smart contract that manages ETH deposits, delegations, rewards, and withdrawals as well as minting & burning “staked ETH”.

How is Staking Facilities involved in Lido?

We have been involved in Lido as a validator and node operator ever since testnet, we participated in several test runs, as well as the distributed key generation ceremony. Together with P2P, Certus One, StakeFish, and Chorus One, we were among the first members of the Lido DAO in which we are also invested. We are excited to support the network with our enterprise-grade validation infrastructure and are honored to be a multi-sig signer for the withdrawal keys.

Resources

In case you want to learn more about Lido, we highly recommend checking out these resources:

Let’s connect

In case you have any questions, need more assistance, or simply want to chat, always feel free to reach out to us via Telegram, eMail, Twitter, or LinkedIn!

We operate industry-grade architecture and offer non-custodial staking services. We’re advocates for web 3.0, set to accelerate its’ adoption!