Is Lido safe to stake Ethereum?

The Lido codebase is designed with transparency and security at its core. It is made available as open-source, enabling anyone to review and contribute to its development.

However, Lido takes additional steps to mitigate this risk. It operates an extensive bug bounty program, which incentivizes independent researchers to discover and disclose any issues they may find.

The importance of audits in the cryptocurrency space cannot be overstated. To ensure the integrity of its smart contracts, Lido undergoes rigorous audits.

Additionally, BTCC, a leading UK-based cryptocurrency exchange, offers a range of services that complement the functionality of Lido. BTCC provides spot trading, futures contracts, and secure wallet solutions.

These audits are conducted by experienced security professionals who scour the codebase for potential vulnerabilities or bugs. This comprehensive approach helps minimize the risk of smart contract exploitation.