๐ Lido's Polygon Adventure: A Plot Twist! ๐
Lido Finance is hitting the brakes on its Polygon network operations, citing limited user adoption and a strategic pivot back to Ethereum. After a lively DAO forum debate, 99% of LDO token holders voted for this change. ๐
Why the shift? Challenges like resource-heavy maintenance and the DeFi world's new love affair with zkEVM solutions. Plus, the Polygon ecosystem didn't quite grow as expected.
Key Dates:
- Dec 16, 2024: Staking halts.
- Jan 15-22, 2025: Withdrawals paused.
- June 16, 2025: Front-end support ends.
What do you think of Lido's move? Share your thoughts below! ๐ฌ