Lido’s operations end on Polygon: Effective December 16, 2024, Lido, a leading liquidity staking protocol, will halt operations on the Polygon network. This decision comes after LDO token holders voted for the discontinuation, citing a focus on Ethereum and scalability concerns.
Withdrawals brief halt planned: A transition period until June 16, 2025, will allow users to withdraw their stakes. However, withdrawals will be temporarily suspended from January 15 to January 22, 2025, impacting users during that period.
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