# Milk Road - Lido riding high on LSDs (Highlights)  ## Highlights - **Wtf is an LSD?** They’re the easiest way to stake your crypto without having to lock it up. ([View Highlight](https://read.readwise.io/read/01gt5x0rymx2x2vqdc1w86gzgx)) ^482437230 - **Behind the scenes, Lido takes your original ETH and stakes it for you.** Your new stETH token serves as an IOU for your original ETH, plus the staking rewards your original ETH will now earn. ([View Highlight](https://read.readwise.io/read/01gt5x2ghv2p82am8krtd7yz4a)) ^482437309 - **Lido announced V2 on Feb. 7** The big upgrade is that stETH holders will be able to **directly unstake their original ETH** from the platform, vs. instead having to swap between ETH and stETH via a DEX. ([View Highlight](https://read.readwise.io/read/01gt5x5926np4ba6fdkb0etq0b)) ^482437941 - All of this news means business is booming over at Lido. **They now manage over 30% of all currently staked ETH** (5.1M tokens, worth $8.7B at current prices.) ([View Highlight](https://read.readwise.io/read/01gt5x5xjyy4tat7er8n2135wa)) ^482437966