liquid staking protocol


Lido, a leading liquid staking protocol, has made the difficult decision to discontinue its Lido on Polkadot and Kusama staking protocols effective from August 1, 2023. The company cited a lack of adoption and growth as the primary reason for the decision, which was made after careful analysis of relevant data. Background Lido has been a popular choice for stakers on the Polkadot and Kusama networks, providing a user-friendly staking experience and enabling liquidity for…