# Lido Dao

The Lido DAO is a Decentralised Autonomous Organisation that manages the liquid staking protocols by deciding on key parameters (e.g., setting fees, assigning node operators and oracles, etc.) through the voting power of governance token (`LDO`) holders. Also, the DAO will accumulate service fees and spend them on research, development, liquidity mining incentives and protocol upgrades.&#x20;

Find out more about Lido Dao from their [Website.](https://lido.fi/)
