Lido has stopped providing staking services for the Polygon PoS chain, and users can withdraw their funds before June 16, 2025
ChainCatcher news, according to The Block, Lido announced on Monday that it will stop Polygon staking services and informed users that they can withdraw funds before June 16, 2025. The announcement also stated that after June 16, 2025, users will withdraw through a browser tool.
The announcement indicated that multiple factors prompted Lido to reassess and ultimately exit the staking service on the Polygon PoS chain, including limited user adoption, insufficient rewards, resource-intensive maintenance requirements, and changes in ecosystem dynamics.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
Mention the project
