Lido’s price performance in the past months has taken us by surprise. The token recently saw a 5% increase in the past week and an overall 200% in 2023. The token’s price actions can be attributed to some of the newnesses it offered to the Ethereum blockchain. The token became more of a top performer since Ethereum had its recent PoS migration. LDO token works as the staking token for the Ethereum blockchain, helping them stake their coins without going through a centralized exchange.
Some of the network’s recent performances can also be attributed to the fact that the SEC is currently cracking down on centralized exchanges, and with that comes a disadvantage to using the platform. With the LDO token, users can stake their ETH tokens directly with zero hassle. The network also recently announced its feature, called the turbo mode, which allows users to stake their tokens much faster.
Big eyes (BIG) is another cryptocurrency on the same page as the LDO token, as it rises higher on presale. The meme coin has thrived from the beginning of its presale and has become one of the most promising projects of 2023. If you’re looking to benefit from the current highs of LDO, and the Big Eyes project, now might be the best time to do so.
Lido (LDO) Takes A Seamless Approach To Stake
Lido (LDO) is a decentralized finance (DeFi) protocol that allows users to stake their Ethereum (ETH) tokens and earn rewards for securing the Ethereum network. It took more effect following Ethereum’s migration to the PoS consensus mechanism. The Lido protocol was launched in December 2020, and it aims to make staking ETH more accessible and user-friendly for a broader range of users. It gives more edge and allows staking without needing a CEX and stake on-chain.
When users stake their ETH with Lido, they receive stETH tokens in return, representing their share of the total amount of ETH staked on the platform. These stETH tokens are tradable and can be used in other DeFi applications, allowing users to earn additional rewards and participate in decentralized finance activities.
One of the critical benefits of staking with Lido is that it eliminates the need for users to manage their staking infrastructure or maintain a minimum balance of ETH. Instead, users can stake any amount of ETH they wish, and Lido pools their funds with other users’ funds to achieve the minimum staking threshold required for Ethereum 2.0 network participation. LDO is a protocol that has changed the direction for liquid staking, which seems to be leading in this category.
Big Eyes Presale Rides Higher In 2023
Big eyes(BIG) presale has been moving towards an upward trend since week one of the presale, and this movement has not changed trajectory. Big eyes is a new meme coin project that has chosen a path to success through its cat meme narrative. The meme coin is focused on helping users build wealth and creating a community of cat and meme coin lovers.
The big eyes presale is new to the crypto market but has pulled some incredible numbers since presale began. With its current trajectory, it could be the next Dogecoin in the meme coin market. Big eyes presale has been smooth, and early investors buy more tokens daily. Buying the token now helps you take advantage of the current market conditions and position yourself for profit. Buy your token here before the presale gets concluded.
For more information on Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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