Page last updated: October 23, 2025
Lido Privacy Notice
Introduction
This Privacy Notice (the “Privacy Notice”) explains how the personal data of individuals is handled – the “Data Subjects” or the “Data Subject”, or “you”, “your”, in connection with accessing and using the website and any services available at https://testnet.fi (together referred to as the “Services”).
If you are interested in how cookies are used, please go to the section “Cookies and Automatically Collected Data”
Categories of Personal Data Collected, Purposes of and Bases for the Processing
When providing the Services, certain personal data may be processed for the following purposes:
| Purpose of processing | Personal data | Legal ground (basis) |
|---|---|---|
| Purpose of processing Communicating with you regarding your inquiries, questions or support tickets | Personal data Email address, subject of inquiry and its content, attachments and any other information you voluntarily provide | Legal ground (basis) Legitimate interests / contractual obligations |
| Purpose of processing Sending email newsletters | Personal data Email address | Legal ground (basis) Your consent |
| Purpose of processing Provides access to users of the website to a decentralized protocol, known as “Lido” | Personal data Wallet addresses, transaction and balance information | Legal ground (basis) Contractual obligations (terms of use) |
Your personal data is collected directly from you or from other parties that you have authorized such collection from. There is no process for special categories of personal data about you unless you voluntarily provide such data.
If you would like to learn more about the definitions used throughout this document such as the “legal grounds”, “legitimate interests”, please visit the Information Commissioner’s Office’s website.
Cookies and Automatically Collected Data
Cookies are small files placed on the hard drive of your computer or mobile device, and web beacons, which are small electronic files located on pages of the website.
Lido will never write and collect cookies for analytics reasons and solely uses cookies for functional reasons, for example, to record your acknowledgment of the privacy banner on its website. Lido uses a web analytics tool to collect essential analytics on user behaviour and interactions that does not rely on cookies. The information is collected automatically and may include statistical and performance information arising from your use of Services and website such as traffic data and logs, page views, length of visit and website navigation paths. IP address information is not written into any analytics database, and Geo-IP is not used to detect user location.
This data is collected in order to improve website and Services. Analytical data collected in this manner is anonymised and aggregated.
If you are a resident of the European Economic Area and you are under the age of 16, please do not submit any personal data through the Services and the website. Personal Information is not collected or processed about a child, where a child under the GDPR is defined as an individual below the age of 16 years old.
Your Rights With Regard to the Personal Data Processing
In connection with the accessing, browsing of the website and using the Services, you shall be entitled to exercise certain rights laid down by the GDPR and outlined herein below, however exercise of some of those rights may not be possible in relation to the website and Services taking account of the Services’ nature, manner, form and other applicable circumstances.
Right to Access: you may request all personal data via email.
Right to Rectification: exercise of the given right directly depends on the data category concerned: if it concerns online identifiers, then their rectification isn’t possible, but such categories of personal data as email address may be rectified by sending a request via e-mail.
Right to Erasure (Right to be Forgotten): the personal data could be deleted by a request via e-mail.
Consent Withdrawal Right: you shall be entitled to withdraw consent to the processing of the personal data to which you provided your consent. You can exercise your right to withdraw consent by unsubscribing from email newsletter.
Automated Decision-Making, Profiling: neither is being carried out, your consent will be sought before carrying out any such activities.
You shall have the right to lodge a complaint with a competent data protection supervisory authority.
Personal Data Storage Period or Criteria for Such Storage
Your Personal data will be stored till:
they are necessary to render you the Services;
your consent is no longer valid;
your personal data have been deleted following your data deletion request;
in other circumstances prescribed by applicable laws.
In any event, your personal data will not be stored for periods longer than it is necessary for the purposes of the processing.
Personal Data Recipients and Transfer of Personal Data
For the purposes of rendering the Services to you and operating the website,your personal data may be shared with certain categories of recipients and under circumstances mentioned below:
01providers, consultants, advisors, vendors and partners acting as data processors (meaning they process your personal data on behalf and according to your instructions), which may supply hosting services, email marketing and automation services to run and operate the website, maintain, deliver and improve the Services. With all such parties we enter into data processing agreements required to be concluded by the applicable laws between controllers and processors to protect and secure the personal data by using appropriate technical and organizational measures;
02only in strict compliance with the applicable provisions, the personal data may be shared with governmental authorities upon their decision, receipt of court orders mandating to disclose the personal data. In any such case, it will be strived to disclose only a portion of the personal data which is definitely required to be disclosed, while continuing to be treated the rest of the data in confidence;
03with any other third parties, if it has been explicitly requested to do so by you and as long as it doesn’t infringe the applicable laws.
Keep in mind that the use of services based on public blockchains intended to immutably record transactions across wide networks of computer systems. Many blockchains are open to forensic analysis which can lead to deanonymization and the unintentional revelation of personal data, in particular when blockchain data is combined with other data. Because blockchains are decentralized or third-party networks which are not controlled or operated, they can’t erase, modify, or alter personal data from such networks.
Security of Processing
Your personal data is protected from loss, misuse, or unauthorized access. It is utilized to protect the personal data, both during transmission and once it is received.
Contacts and Requests; Changes to the Privacy Notice
Please send all your requests and queries in connection with your rights and freedoms relating to the personal data protection and processing as part of providing the website and rendering the Services to you to: [email protected].
Changes to the Privacy Notice are represented by the “Page last updated:” date and all the versions of the Privacy Notice are archived.
Your privacy matters. We use cookieless analytics and collect only anonymized data for improvements. Cookies are used for functionality only. For more info read Privacy Notice.