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Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization.The proposal to sunset Lido on Solana was first put forward by Lido’s peer-to-peer team on Sept. 5, citing unsustainable financials and low fees generated
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Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration issues from validators operated by Launchnodes. The incident occurred on Oct. 11 at about 3:30 pm UTC, according to Launchnodes. In an Oct. 11 post on X, Lido
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A crypto wallet associated with Justin Sun, the co-founder of Tron, a smart contract platform, has moved 20,000 Ethereum (ETH) worth roughly $32.4
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The staking powerhouse dominates the market for liquid tokens. Is this a problem? Marin Tvrdić, a protocol relations contributor at Lido, responds. Source
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Ethereum staking protocol Lido Finance has assured both Lido DAO (LDO) and staked-Ether (stETH) tokens remain safe despite hackers allegedly exploiting a known security flaw in LDO’s token contract.Lido didn’t confirm any exploits, but acknowledged the security flaw was known and reassured LDO and stETH funds remain safe in response
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The P2P team managing Lido Finance’s operations on Solana submitted a funding proposal to sustain Lido’s liquid staking service on the layer-1 decentralized network. A proposal submitted by Yuri Mediakov and the P2P team suggests two options:
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Lido DAO (LDO), the driving force behind the revolutionary liquid staking protocol for Ethereum (ETH), has displayed an impressive 7.41% ascent in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The decentralized finance (defi) landscape remains volatile as top defi projects vie for dominance gauged by total value locked (TVL) and investors scout for projects to get exposure in. Lido Finance’s declining TVL continues to
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The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022. Original Source
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