Lido announced on Monday that it will cease Polygon staking services and notified users that they can withdraw funds until June 16, 2025. After this date, users will withdraw via a browser tool. The announcement stated that several factors prompted Lido to reassess and ultimately decide to close the Polygon PoS chain staking services, including limited user adoption, insufficient rewards, resource-intensive maintenance requirements, and the changing dynamics of the ecosystem, among others. (The Block)