Lido Staked DOT
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Lido Staked DOT (STDOT) Price Today
The price of Lido Staked DOT (STDOT) is $7.52 today with a 24-hour trading volume of $0.00. This represents a 0.0% price increase in the last 24 hours.
Lido DOT Liquid Staking Protocol, built on the Polkadot chain, allows their users to earn staking rewards on the Polkadot chain without locking DOT or maintaining staking infrastructure. Lido on Polkadot make DOTs liquid while staking. It ensures maximized yield and availability of staking and makes leverage options possible while being decentralized and secure.
Users can deposit DOT to the Lido smart contract and receive stDOT tokens in return. Unlike DOT staked directly on the Polkadot network, the stDOT token is free from the limitations associated with the lack of liquidity and can be transferred at any time. The stDOT token balance corresponds to the amount of the Polkadot chain DOT that a holder can withdraw.
That becomes possible because of permissionless validator node selection and dynamic reallocation algorithms along with slashing hedging deployed on Moonbeam parachain and empowered by XC-20 cross-chain token standard.
Where can you buy Lido Staked DOT?
STDOT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Lido Staked DOT is Curve (Moonbeam), where the most active trading pair xcDOT/stDOT has a trading volume of $0.00 in the last 24 hours.
What is the liquidity of Lido Staked DOT (STDOT)?
The total liquidity of Lido Staked DOT is $46,302.00. If you own STDOT tokens, liquidity of the token is low and prices may differ drastically. Proceed with caution.
What is the liquidity of Lido Staked DOT (STDOT)?
The fully diluted valuation (FDV) of Lido Staked DOT (STDOT) is $18,834,080. This is a statistical representation of the maximum market cap, assuming the maximum number of STDOT tokens are in circulation today.