IPFS vs Lido
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description Overview
IPFS
The InterPlanetary File System is a peer-to-peer hypermedia protocol for decentralized file storage and sharing.
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Lido
Lido is the largest liquid staking protocol in the crypto ecosystem. It allows users to stake their Ethereum (ETH) to secure the network while receiving a 'liquid' token (stETH) in return. This enables users to earn staking rewards while still maintaining liquidity to use their assets in other DeFi applications, effectively solving the capital lock-up problem of traditional staking.
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