Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance
Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting. Go to Source
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3 key Ethereum price metrics suggest that ETH is gearing up for volatility
Network, futures and user data all point toward Ethereum potentially charting a new course. Go to Source
Lido, Rocket Pool team members argue over decentralization
A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized. Go to Source Powered by WPeMatico
AWS went down in the US, but Ethereum kept humming
Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future. Go to Source Powered by WPeMatico
Anchorage Digital opens up DeFi voting for custody clients
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot. Go to Source Powered by WPeMatico
Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue
The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait. Go to Source Powered by WPeMatico
Celsius moves $781M in stETH just as Lido withdrawals open
The bankrupt crypto lender has been moving its massive stash of staked Ethereum. Go to Source Powered by WPeMatico
$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals
Ethereum was upgraded to allow withdrawals on April 13, but Lido had not previously integrated with the new feature. Go to Source Powered by WPeMatico
New Cosmos chain will use liquid staking tokens from other networks for security
Staked ETH, BNB, ATOM, SOL and MATIC will be usable on Tenet as “restakes” to gain further rewards. Go to Source Powered by WPeMatico
Liquid staking solutions now have more TVL than DEXs: DefiLlama
From April 13 to May 1, TVL on decentralized exchanges declined by $1.66 billion while it increased on liquid staking protocols by $280 million. Go to Source Powered by WPeMatico