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Easily convert LQTY to LDO with ConvertOnline's efficient tool.
Liquity (LQTY) is a decentralized borrowing protocol that allows users to obtain loans using Ethereum as collateral. It enables users to generate a stablecoin called LUSD, which is pegged to the US dollar, facilitating seamless liquidity without the need for intermediaries.
Lido DAO (LDO) is a governance token for the Lido decentralized autonomous organization, which provides a liquid staking solution for Ethereum and other proof-of-stake (PoS) networks. By allowing users to stake their assets while retaining liquidity, Lido enables users to earn staking rewards without locking up their assets indefinitely.