eToro expands crypto offering by adding RNDR, OP, LDO
Online broker eToro is expanding its crypto-asset offering via the addition of Render Token, Optimism and Lido Dao.
- Render Token
$RNDR is a decentralized network created by OTOY in 2017, that enables users to rent their unused GPU power to artists and studios for high-quality graphics rendering. Operating on the Ethereum blockchain, Render focuses on 3D animations and architectural visualizations. By democratizing rendering and making it eco-friendly, RNDR accelerates the process.
$OP is a Layer 2 scaling solution, utilizing a process called Optimistic Rollups, which significantly enhances transaction speeds and reduces costs on the Ethereum network while maintaining security. It is popular among decentralized applications (dApps) and ongoing development continues to improve by adding more features.
- Lido Dao
Launched in 2020 on Ethereum, $LDO is a decentralized organization that makes it easy for individuals to participate in staking on the Ethereum network. LDO is now one of Ethereum’s biggest staking pools, known for its safety and reliability. It also supports networks like Polygon and Solana. Ongoing development aims to introduce new features, enhancing LDO’s appeal to users.