Aug 25, 2023 2:52 pm
8.5 million LDOs will be unlocked tomorrow, accounting for 0.97% of the circulating supply
Odaily Planet Daily News Token Unlocks data shows that tomorrow Lido Finance’s governance token LDO will usher in the last unlocking. This time, 8.5 million LDOs will be unlocked, accounting for 0.97% of the circulating supply and worth about 13.7 million US dollars.
So far, almost all LDO tokens (1 billion) have been unlocked, except for a small portion of LDO that will belong to early investors before April 2024.
According to DeFiLlama data, Lido currently has a TVL of more than 13.9 billion US dollars, ranking first among DeFi protocols; in addition, Lido occupies nearly 75% of the market share in the liquid staking field with its stETH token. (The Defiant)