Lido


Finance

Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum

Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.

(lido.fi)

Finance

Lido Stakers Can Expect Ether Withdrawals 'No Sooner Than Early May'

Lido needs to complete security audits of its V2 upgrade before it can allow withdrawals.

(lido.fi)

Markets

Ether Circles Above $1.9K as Shanghai Hard Fork Nears

Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.

Ethereum is due for a major software upgrade later this month. (DALL-E/CoinDesk)

Tech

Ethereum's Shanghai Is Nearing, but When Can I Withdraw My Staked ETH?

Even though the Ethereum blockchain’s Shanghai hard fork (also known as Shapella) will go live April 12, you might not receive your rewards immediately if you have staked ETH with a staking service or a staking pool.

Ethereum stakers may have to wait withdraw their ETH. (Britt Fuller/Creative Commons, modified by CoinDesk)

Finance

DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August

The service will be terminated on Aug. 1 with automatic unstaking occurring in June.

(lido.fi)

Tech

Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process

Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.

(lido.fi)

Markets

Lido Finance Weighs Sunsetting Liquid Staking on Polkadot, Kusama

The proposal comes as MixBytes, Lido’s partner developer firm for Polkadot and Kusama liquid staking, announced it would stop supporting the networks.

(Lido Finance)

Markets

DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum

Maverick Protocol said its automated market maker algorithm offers investors more customization and the potential to earn greater profits than on top decentralized exchange UniSwap.

Maverick is entering an increasingly competitive market of decentralized exchanges. (Maverick Protocol)

Policy

Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice

Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service. A spokesperson for Lido declined to comment.

Bankless co-host David Hoffman speaks at an ETHDenver 2023 side event. (Danny Nelson/CoinDesk)

Finance

BridgeTower Capital to On-Ramp Lido, Offers Security Token for Avalanche’s Staking Rewards

The announcements highlight BridgeTower's emphasis on regulatory compliance.

(Chris Linnett/unsplash)

Pageof 8