EMCD Lido DAO wallet
— One tap. All of crypto

Lido DAO is a decentralized liquid staking protocol built on the Ethereum blockchain. The project was launched in December 2020 and quickly became a key player in staking ETH and other assets without losing liquidity. The main idea of Lido is to let users stake cryptocurrency while receiving liquid token substitutes (for example, stETH instead of ETH), which can be used in DeFi applications.

As of 2025, Lido remains one of the leaders by total value locked (TVL) among staking protocols. The platform’s combined TVL for all supported assets varies around $30 billion – $39 billion. According to DeFiLlama and Messari, Lido holds the top spot among liquid staking DeFi protocols by TVL.

The LDO token is the native governance token of the Lido project. This token is based on Ethereum (ERC-20). Its holders can participate in votes that decide key development parameters of Lido DAO — from fees to staking strategy.

LDO is actively traded on major centralized and decentralized exchanges such as Binance, Coinbase, and Uniswap. The average daily trading volume, according to CoinGecko, ranges from $70 million to $330 million. The token can be used in the DeFi ecosystem to participate in liquidity pools, as well as a speculative or long-term investment asset.

To buy and store Lido platform tokens, you will need a cryptocurrency wallet. So, we will explain how to create a Lido DAO (LDO) wallet on EMCD and what advantages this platform offers you.

What Is an LDO Wallet

A Lido DAO wallet is a digital tool that allows a user to interact with the Lido DAO network to store, receive, send, and exchange LDO tokens. Technically, these wallets work the same way as other digital wallets for Ethereum-based tokens (ERC-20).

Based on online integration level, wallets are divided into "hot" and "cold." Hot wallets require a constant internet connection to operate, while cold wallets need online access only to complete transactions. There are also hardware cold wallets, which are devices designed for the secure and reliable storage of private keys.

Private keys are used to authenticate users of cryptocurrency wallets. In unencrypted form, they usually appear as 64 HEX characters — a long string of digits from 0 to 9 and Latin letters from A to F. They can also be encoded in various formats or represented as seed phrases (from 12 to 24 English words).

To ensure a high level of security, access to funds is possible only after entering the private key. However, some online wallets, called custodial wallets, store copies of clients’ private keys on secure servers. Access to such wallets is granted by login and password. Custodial wallet users can also recover their private key if lost.

Non-custodial wallets do not store copies of private keys. In theory, this increases their security, but in practice, clients must securely and reliably store their private keys themselves. This is not always convenient. To ensure minimal security with recovery options, keys should be stored on two different removable or even paper media, physically kept in separate locations without outside access.

Why Choose an EMCD Wallet for Storing LDO

Clients of the EMCD custodial wallet receive the following advantages:

• high level of security and privacy
• a convenient and intuitive interface
• the ability to transfer and receive crypto without fees
• an option to recover account access if the private key is lost

This wallet supports not only LDO but also many other coins and ERC-20 tokens, including:

• AAVE
• AVAX
• BTC
• BCH
• CAKE
• ETC
• ETH
• DASH
• DOGE
• KAS
• LTC
• MATIC
• NOT
• OP
• SUSHI
• TON
• UNI
• USDT
• USDC

Within the EMCD ecosystem, you will find not only a cryptocurrency wallet but also many other digital tools for working with cryptocurrencies. Among them:

• p2p platform for selling, buying, and exchanging cryptocurrencies and tokens
• mining pool
• Coinhold investment service, where you can earn up to 14% per year

How to Create a Lido DAO Wallet

If you’re interested in LDO, you can create a wallet for this token on the EMCD platform. To do this, you need to:

• open the website via the link
• click the "Create Account" button in the top menu
• enter the email address that will be linked to your account, or use quick registration via Google or Telegram
• if you choose quick registration, grant EMCD access to the account; if registering with email, create a password and then verify your email
• set up two-factor authentication and other account settings
• fund your Lido DAO wallet from another cryptocurrency wallet, bank card, or through the P2P exchange platform

With an EMCD wallet, you can store not only LDO but also other ERC-20 tokens and cryptocurrencies. The EMCD ecosystem also offers other useful tools for working with crypto.