Lido was launched in 2020 and since then, it has been running without major security incidents, while facilitating ~30% of all ETH staking.

One of the only major staking solutions to have been battle tested with 2 minor slashing events, representing 0.00044% of the TVL that were fully covered for and resulted in no loss to stETH users

• Discretionary slashing provision of 6,341 ETH ( link )
• Diverse geographical and operational distribution across Europe, APAC and the Americas, improving round-the-clock operational robustness
• Diverse distribution of staking clients, mitigating software failures across LIDO with GETH share ‹50%

Transaction data, including all staking rewards for any address, can be downloaded using CSV or API to ensure compliant reporting and accounting.

The Lido middleware is open-source software and is not considered an obligated entity required to conduct KYC/AML checks. The technical design of this specific liquid staking solution is purely non-custodial on the level of node operators and self-managed for users.

KYC/AML checks are conducted by counterparties that provide services around stETH. Depending on the specific service, the KYC/AML requirements around stETH might differ. Financial institutions that offer custody or brokerage on stETH conduct KYC/AML checks on their clients and incoming funds.