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Disclaimer!

This is the core repository of the Lido on Ethereum protocol. The entire codebase, excluding contracts, has undergone significant refactoring and tooling modernization. For historical context or legacy information, refer to the last legacy commit.

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Lido on Ethereum Logo

Lido on Ethereum is a liquid-staking protocol allowing anyone to earn staking rewards without locking ether or maintaining infrastructure.

Users can deposit ether to the Lido smart contract and receive stETH tokens in return. The smart contract then stakes tokens with the DAO-picked node operators. Users' deposited funds are pooled by the DAO, and node operators never have direct access to the users' assets. Unlike staked ether, the stETH token is free from the limitations associated with a lack of liquidity, and can be transferred at any time. The stETH token balance corresponds to the amount of ether that the holder could request to withdraw.

NB: It's advised to read Documentation before getting started with this repo.

Key features

  • No minimum deposit amount,
  • Instant rewards within 24 hours of deposit,
  • stETH, an LST with the deepest liquidity in DeFi,
  • In-protocol automated withdrawals,
  • Governed by Lido DAO.

Learn more

Bug Bounty

Please refer to the Lido Bug Bounry.

Contributing

Please refer to the Lido Contribution Guide.

Code of Conduct

Please refer to the Lido Contributor Code of Conduct.

License

2024 Lido [email protected]

This program is free software: you can redistribute it and/or modify it under the terms of the GNU General Public License as published by the Free Software Foundation, version 3 of the License, or any later version.

This program is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the GNU General Public License for more details.

You should have received a copy of the GNU General Public License along with this program. If not, see https://www.gnu.org/licenses/.