Lido DAO Records Biggest Network Transaction In 2 Years – Santiment
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DeFi staking protocol Lido DAO (LDO) has just experienced its largest network transaction in two years, according to a report by Santiment. The popular on-chain analytics firm states that on May 5, $135 million worth of LDO tokens were transferred from one self-custody wallet to another. According to Santiment, 70 million LDO tokens were moved in this transaction, marking the network’s biggest coin transfer since June 2021 and its eighth-largest transfer of all time. Lido DAO is the most prominent liquid staking platform allowing users to effortlessly participate in staking on several PoS networks, including Ethereum (ETH), Polygon (MATIC), Polkadot
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