**Lido Says Goodbye to Polygon: Liquid Staking Ends! 🎉**
- After a long discussion on the DAO forum and a vote, Lido officially announced its retirement from Polygon. LDO token holders agreed to end the operation in the next few months.
- Launched in 2021, Lido on Polygon faced challenges such as low user adoption, low rewards, and high maintenance fees. DeFi's shifting focus to zkEVM solutions also reduced demand.
- The retirement process begins on December 16, 2024, with the termination of new staking. Users must unstake MATIC before June 16, 2025. After that, withdrawals can only be made via blockchain exploration tools.
- Come on, share your thoughts in the comments! Is this the right move for Lido?