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Lido and Optimism aim to increase the availability of wrapped staked ether (wstETH) with OP tokens through the new liquidity mining and user incentives program. Original Source
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The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury. A proposal was submitted on Feb. 14 by the DAO’s financial unit, Steakhouse Financial that considers four choices, one
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The United States Securities and Exchange Commission is ramping up pressure on the crypto sector. On Feb. 9, the SEC reached a $30 million settlement with Kraken over the centralized staking program it offered to its users.The news of the crackdown sent the price of Bitcoin (BTC) to a three-week
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The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities. Source
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In the weeks leading up to Shanghai, the Lido community will participate in the snapshot vote, followed by testing on Ethereum’s Goerli testnet in March. The actual V2 upgrade will go live at the end of March or early April, according to the draft blog post. Source
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Liquid staking protocol Lido is set to roll out staking reward withdrawals and improved staking architecture with the announcement of the upcoming Lido V2 upgrade.Two major focal points of the planned upgrade include Lido’s introduction of its new Staking Router and the enabling of withdrawals for Ethereum (ETH) stakers. The
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Ethereum staking is a way for ether investors to earn a reward by locking up their coins following the Merge event last year. Ethereum’s next major upgrade, expected to occur in March, is the “Shanghai hard fork,” which will allow participants on the network to unlock ether they had staked
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“Gentle, quick and responsible, the Rabbit is the fourth animal in the 12-year cycle of the Chinese horoscope. Together with yin water, this combination bodes well for a calmer 2023 compared to last year’s tumultuous experience,” the brokerage wrote, while also reminding investors to seek professional advice before making a
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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
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On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards can select one of the staking providers
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