Holder Behaviors
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Introduction
Lido is a liquid staking solution for ETH 2.0. With Lido users stake their ETH without locking assets or maintaining infrastructure and receive stETH against it 1:1.
The governance token of Lido DAO is LDO. LDO is an ERC-20 token which is also used to reward various DAO users the most important which rewarding stETH early stakers.
In another dashboard, we identifies top LDO holders and investigates how they received LDO.
In this dashboard, we focus on top 5 holders and investigates what they did by their LDOs.
Notable findings
The data shows that except the first top holder which is LIDO:treasury other top holders are early airdrop receivers who HODL their LDOs.