protocol-v2 VS lido-dao

The real services, and counter to his points are Ethereum/DAI, aave.com, and gmx.io. All legitimate (non-confidence) services that I have used for years without issue. All services rely on smart contracts as counter parties so you don't need to worry about some dude running off with your money (that is tradfi problems that crypto is fixing)

I love defi and what it stands for. I love the fact that I can lend my capital through a fully decentralized protocol like AAVE or Compound and earn money on it.

Strength in numbers. The collectivised savings deposits of bond holders earn interest on Aave. Aave is the leading non-custodial liquidity provider in decentralised finance (DeFi). Once a week interest accrued by the collective is distributed to Prize Bond holders by lottery with additional draws held at the end of each quarter. Prize draws are provably fair through the integration of Chainlink VRF.

and official website is aave.com and the app launcher is app.aave.com

A blockchain network https://aave.com/

Digital currency (Aave), is a cryptocurrency that strives to provide comprehensive services to its users by creating a transparent and open-source infrastructure with the aim of lending and borrowing from tokens. (Aave) is a decentralized financial protocol. May the system function in such a way that the lenders deposit their assets and digital funds in the liquidity network (Aave) and thus make a profit for themselves. On the other hand, borrowers of the network (Aave) also receive loans from this system and network and put their cryptocurrency as collateral.

The Real Yield DeFi can divide into two types: 1. Fee - such as Borrowing Fee, Trading Fee, Transaction Fee or Insurance Fee (COMP, AAVE, FORW, GMX, ETH) 2. Reinvestment - such as reinvestment in the Real Yield from 1. or reinvestment in the physical products in the real world. (GFI)

A good way to be wary of tokens that you receive in airdrops, is that when there is a URL in the name of the token, it is most likely a scam. This token has a website name, that is not the official AAVE website. The official AAVE website is here: https://aave.com/

Lido hace rebase con la fórmula a continuación:

Firstly, the APR displayed on https://lido.fi/ is a 7-day MA estimate. Secondly, 'protocol APR' is just the APR for the protocol, and not for users, so it's not taking into account the 10% fee.

Best to ask lido directly on their discord channel - link avail at the bottom of their main page https://lido.fi/

Lido contracts github: https://github.com/lidofinance/lido-dao/tree/master/contracts

One solution you do have is liquid staking. Polygon Labs has a great writeup on liquid staking here. MATIC liquid staking is still done on ETH, but you can swap your native MATIC tokens for stMATIC, which are bridged liquid-staked MATIC tokens through Lido Finance.

Lido also makes up for 77% of ALL staked ETH deposited through LSDs the highest it's been all year.

"Can periodically query the current share rate (as shareRate = lido.getTotalPooledEther() * 1e27 / lido.getTotalShares()) and if the number change more than a few WEIs (see https://github.com/lidofinance/lido-dao/issues/442), than calculate APR like presented https://docs.lido.fi/integrations/api/#last-lido-apr-for-steth would need to save the timepoints as well can query and remember the reported oracle frames https://github.com/lidofinance/lido-dao/blob/master/contracts/0.8.9/oracle/AccountingOracle.sol#L440 https://etherscan.io/address/0x852deD011285fe67063a08005c71a85690503Cee#readProxyContract#F19"

The official Ethereum staking APR is 4.639% (source : https://beaconcha.in/ethstore ) Lido's staking APR is 3.8% (source : https://lido.fi/ ) but they take a 10% fee on rewards when you withdraw, so the real Lido APR is in fact 3.8*0.9 = 3.42%

What made you certain that it is legit? Steps taken? Verify on lido.fi site, this sub, etc?

You can also swap to stETH direct from Lido at https://lido.fi/ at a price of 1:1.