Lido Finance has announced its decision to halt $SOL staking service after DAO vote
Decentralized liquid staking giant Lido Finance, known for its liquid staking solution, will no longer accept new staking requests for Solana tokens. This comes after Lido token holders voted in large numbers to pause the service.
More than 92% of the Lido community voted to end the product rather than keep it going, according to a vote that closed on Oct. 5.