Lido, a well-known liquid staking protocol with a TVL of 39.3 billion dollars, has just announced the sunset of its operations on Polygon.
The community of the project has voted for a gradual elimination of the chain, which will see the exit from the cryptographic service on June 16, 2025.
Users have until that day to withdraw funds on Lido deposited via Polygon Pos. The focus of operations will now shift to Ethereum and its L2.
All the details below.
Lido announces service interruption for the Polygon network
Lido, the leading protocol in the liquid staking sector, has initiated the gradual phase-out of its staking services for the Polygon PoS network.
The tough decision came after the DAO community gathered and voted in favor of stopping operations for the chain in question.
After its initial implementation on Lido in 2021, under the proposal by Shard Labs that had introduced liquid staking of MATIC tokens, the era of sunset arrives.
The protocol interrupted the Polygon
We współpracy z: https://en.cryptonomist.ch/2024/12/17/lido-stops-support-for-the-polygon-blockchain-focus-on-ethereum/
