From dd6622e939d8435b7873775a394e7d1fb5ef0d68 Mon Sep 17 00:00:00 2001
From: "steinkirch.eth, phd" <1130416+mvonsteinkirch@users.noreply.github.com>
Date: Sun, 16 Apr 2023 12:43:10 -0700
Subject: [PATCH] Update Lido.md
---
MEV_and_trading/staking/Lido.md | 10 +++++++++-
1 file changed, 9 insertions(+), 1 deletion(-)
diff --git a/MEV_and_trading/staking/Lido.md b/MEV_and_trading/staking/Lido.md
index 95e2176..e3abd51 100644
--- a/MEV_and_trading/staking/Lido.md
+++ b/MEV_and_trading/staking/Lido.md
@@ -1,4 +1,8 @@
-## Notes on Lido Finance
+## lido
+
+
+
+### tl; dr
@@ -8,6 +12,7 @@
* Lido uses a single token model, stETH that represents users' staking deposits. stETH is minted at 1:1 ratio of ether deposited into the Lido platform.
* Staking rewards accrue to the stETH token through a daily rebasing mechanism.
* 10% fee on accrued staking rewards that is evenly split between the Lido DAO and node operators.
+* q1/23 stats: inflow of 1.09mil eth staked, market share to 72.3%, fees generated: $117mil, $LDOUSD + 152% (second largest fee generating protocol after uniswap)
@@ -15,3 +20,6 @@
+----
+
+### resources