{"id":33391,"date":"2020-12-15T12:24:29","date_gmt":"2020-12-15T10:24:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33391"},"modified":"2025-08-28T13:36:37","modified_gmt":"2025-08-28T10:36:37","slug":"lido-finance-raises-2-million-to-advance-ethereum-2-0-infrastructure","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/lido-finance-raises-2-million-to-advance-ethereum-2-0-infrastructure\/","title":{"rendered":"Lido Finance raises $2 million to advance Ethereum 2.0 infrastructure"},"content":{"rendered":"<p>The Lido Finance staking service attracted $2 million in investments from Semantic Ventures, ParaFi Capital, Terra, Stakefish and Staking Facilities. <a href=\\\"https:\/\/www.theblockcrypto.com\/\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">The Block<\/a> reports.<\/p>\n<p>The round also saw participation from MakerDAO founder Rune Christensen, Stani Kulechov, head of the DeFi project Aave, and Synthetix founder Kane Warwick.<\/p>\n<p>The funds will be used to further develop the protocol, whose mainnet launch is expected this month. A test version of Lido Finance has been operating on the Goerli Ethereum testnet since November.<\/p>\n<p>Lido offers users the ability to unlock ETH staked to use in DeFi applications. To this end, the project uses the native token stETH, a tokenised version of the coins staked in the Ethereum 2.0 ecosystem.<\/p>\n<p>Lido will charge 10% of staking rewards for the service.<\/p>\n<p>A few days after the launch of Ethereum 2.0, the deposit contract balance of the new network <a href=\"https:\/\/u1f987.com\/en\/news\/over-1-million-eth-deposited-into-ethereum-2-0-deposit-contract\">exceeded 1 million ETH<\/a>.<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Lido Finance staking service has attracted $2 million in investments from Semantic Ventures, ParaFi Capital, Terra, Stakefish and Staking Facilities. The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":33392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1289,46,1387],"class_list":["post-33391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-staking","tag-ethereum","tag-lido"],"aioseo_notices":[],"amp_enabled":true,"views":"72","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=33391"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33391\/revisions"}],"predecessor-version":[{"id":33393,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33391\/revisions\/33393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33392"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}