Lido on Solana wind down ‘deemed a necessity’ after low fees, says staking firm
Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting. Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization. The proposal to sunset Lido on Solana was first put…
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