Lido Will Stop Polygon Staking Services

Lido announces the end of its Polygon staking services, citing low rewards and governance shifts.

In a blog post, Lido highlighted challenges such as limited user adoption, low staking rewards, and high maintenance costs. Emerging zkEVM Solutions and increased competition from platforms like EigenLayer have further reduced demand for Lido’s services on Polygon. Governance priorities also played a role. Initiatives such as GOOSE and reGOOSE have focused on Ethereum, prompting … Read more

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