Lido is leaving Polygon! 🎭 Lido has decided to end its liquid staking protocol on Polygon. This adventure, which started in 2021 with the proposal of Shard Labs, is coming to an end due to low user interest and high maintenance costs.
- While Lido focuses on Ethereum, it will stop rewarding stMATIC holders on Polygon.
- New staking will not be accepted as of December 16, 2024.
- Transactions will stop between January 15-22, 2025, don't forget to withdraw by June 16, 2025!
What do you think about these developments? Let's meet in the comments! 💬🔗