Is Lido ERC 20?

Is Lido ERC 20?" It's a valid inquiry that deserves a thorough exploration. ERC-20, as you may know, refers to a technical standard used for smart contracts on the Ethereum blockchain. This standard allows for the development of fungible tokens that can be traded and transferred on the Ethereum network. Now, Lido is a platform that offers staking services for Ethereum-based assets. It's designed to help users earn rewards by locking up their tokens. But the question remains: does Lido issue an ERC-20 token? To answer this, we need to delve deeper into Lido's offerings. Does it have a native token that follows the ERC-20 standard? Or is it strictly a staking platform without a token of its own? It's important to clarify this, as ERC-20 tokens often have their own unique set of features and utilities. In summary, the query "Is Lido ERC 20?" seeks to understand if Lido has an ERC-20 compliant token as part of its offerings. To find the answer, we need to explore Lido's functionality and tokenomics more closely.