Vasiliy Shapovalov: Lido – The Liquid Staking Solution for Ethereum 2.0

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Lido is a DAO that provides a liquid staking solution for Ethreum 2.0. It lets users stake their Ether, without locking assets or needing to maintain infrastructure, whilst participating in on-chain activities. Lido attempts to solve the problems associated with initial Ethereum 2.0 staking - illiquidity, minimum requirements, immovability and accessibility, by making staked Ether liquid and allowing for participation in DeFi.

Vasiliy Shapovalov, Co-founder of Lido, joined us to talk about all things Ethereum staking and the benefits of liquid staking with Lido.

Topics covered in this episode:

• Vasiliy's background and how he got into crypto
• An overview of Lido and the problem it solves
• How Ethereum 2.0 staking works
• Lido's fee structure and business model
• Lido's governance model and the LDO token
• How the ETH/stETH peg is maintained
• Liquid staking and its role in DeFi
• Lido for other blockchain networks like Solana
• The LEGO Grant program

Episode links:

• Lido
• Vasiliy's talk at EthCC
• Lido on Twitter
• Vasiliy on Twitter

Sponsors:

• Gnosis Safe: Gnosis Safe is a smart wallet for securely managing digital assets and allows you to define customized access permissions. - https://epicenter.rocks/gnosissafe

This episode is hosted by Friederike Ernst & Sebastien Couture. Show notes and listening options: epicenter.tv/412