Stakeholders, In a move to streamline its services and focus on its core mission, Lido has announced that it will be winding down its staking support for the Polygon network. This decision, initiated by the Lido community, reflects the platform's strategy to prioritize Ethereum while also considering low user adoption and changes in the Polygon ecosystem. Effective immediately, Lido will no longer accept staking deposits on Polygon. However, users with existing staked ETH on Polygon will have until June 16, 2025, PST, to withdraw their funds. Lido is committed to ensuring a smooth transition and will provide updates and support throughout the process. This move aligns with Lido's ongoing efforts to enhance its service offerings and maintain its position as a leader in the liquid staking space. By focusing on Ethereum, Lido can continue to provide users with access to reliable and secure staking solutions, empowering them to earn rewards and contribute to the network's growth. ---

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