Lido DAO (LDO) continued its strong recovery on Thursday, extending a four-day winning streak as growing speculative activity and governance upgrades boosted investor sentiment. The liquid staking token gained nearly 12% over the last 24 hours, making it one of the week’s strongest-performing cryptocurrencies. At the same time, derivatives data showed a sharp increase in leveraged positions as traders anticipated the outcome of several important governance proposals. Governance votes fuel investor interest Lido DAO is currently conducting on-chain voting for two major protocol upgrades—LIP-33 and LIP-35—which are scheduled to conclude on Frida at 14:00 UTC. https://twitter.
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