Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder – Bitcoin News
As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.
Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase
The world of cryptocurrency has seen a lot of innovation in recent years, and one of the most popular new developments has been the rise of “liquid staking” platforms. These platforms allow users to easily stake their cryptocurrency in order to earn rewards, and one of the most popular liquid staking platforms, Lido, has seen its largest daily stake inflow to date.
According to reports, the inflow was reportedly from Tron founder, Justin Sun, who sent a staggering 150,000 ETH to Lido. This is a significant amount of money, and it is sure to have a huge impact on the platform.
The reason why Sun sent such a large amount of ETH to Lido is because the platform is one of the most secure and reliable in the industry. It is designed to be highly efficient, and it is also secure enough to protect users’ funds. This makes it an ideal platform for staking large amounts of cryptocurrency.
The influx of ETH to Lido is also likely to have a positive effect on the price of ETH. As more people stake their ETH on the platform, the demand for ETH will increase, which should lead to an increase in its price.
It is also worth noting that this is not the first time that Lido has seen a large influx of ETH. Earlier this year, the platform saw an influx of more than 100,000 ETH, which was reportedly sent by the Ethereum Foundation. This shows that Lido is becoming increasingly popular among large investors and institutions.
Overall, this is great news for the cryptocurrency industry. It shows that large investors and institutions are starting to take notice of the potential of liquid staking platforms, and this could lead to further adoption of the technology. With more people staking their cryptocurrency on these platforms, it could lead to more liquidity in the market, which could have a positive impact on the price of cryptocurrencies.
Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase
Source link
