Tags: Lido DAO

Lido’s liquid staking on Polygon will end in 2025.

The Ethereum ecosystem’s treasuries total $22.2 billion in 2024, with Optimism, Uniswap, and Mantle holding the largest shares.

The new solution enables more independent stakers to participate, thereby focusing on Ethereum’s decentralization and security.

The investor claimed that 64 of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions.

“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November.

The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide.

LidoDAO took control of the deployment for a wrapped version of its flagship token, stETH, on Base.

Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router issued a joint statement criticizing the new token.

The LSDFi sector’s total value locked has grown 5,870 since January as ETH holders seek better yields.

Liquid Staking Solution Lido Winds Down Solana Staking Following Community Vote

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.

Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET.

The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline.

The Ethereum co-founder proposes a solution that could lower the likelihood of any individual liquid staking provider growing to a point where it poses a systemic risk.