CoinVoice has learned that, according to The Block, Lido announced on Monday that it will stop its staking service on Polygon and notified users that they can withdraw their funds before June 16, 2025. The announcement also stated that after June 16, 2025, users will be able to withdraw through a browser tool.
The announcement indicated that multiple factors prompted Lido to reassess and ultimately withdraw from the staking service on the Polygon PoS chain, including limited user adoption, insufficient rewards, resource-intensive maintenance requirements, and changes in the dynamics of the ecosystem. [Original link]