Lido DAO operates as a decentralized autonomous organization (DAO) that facilitates staking infrastructure across various blockchain networks. Primarily, the platform offers a liquid staking solution for Ethereum, enabling users to stake their ETH and receive stETH (Lido staked ETH) tokens in return. These tokens represent the user's staked ETH and the accompanying staking rewards. Lido DAO ensures security through a combination of decentralized governance, audited code, and smart contracts. Powered by Ethereum, the Lido protocol relies on smart contracts to manage user deposits, distribute staking rewards, and perform other essential functions. Multiple third-party security firms have conducted audits on Lido’s smart contracts to identify and rectify potential vulnerabilities. The native token of the platform is LDO, which serves as the governance token for Lido DAO. Token holders can engage in governance proposals and vote on significant decisions such as board adjustments, new integrations, and platform updates. LDO holders possess the authority to shape the development and operation of the platform. Currently, Lido supports staking for Ethereum and Polygon, following the recent discontinuation of support for Solana.