Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance
Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting. Go to Source
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Anchorage Digital opens up DeFi voting for custody clients
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot. Go to Source Powered by WPeMatico
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.9 … Read more
Lido fundamentals shine even as the wider crypto market struggles to regain traction
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers. Go to Source Powered by WPeMatico
30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week. Moreover, the project’s … Read more
LidoDAO rejects sale of 10M LDO tokens to Dragonfly Capital
The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising. Go to Source Powered by WPeMatico
Lido DAO most ‘overbought’ since April as LDO price rallies 150% in two weeks — what’s next?
Ethereum 2.0’s tentative launch in September raises LDO’s prospects of holding its gains. Go to Source Powered by WPeMatico
