Tags: Lido

The reduction affects teams across Lido Labs, Lido Alliance, and the Ecosystem.

Lido’s liquid staking on Polygon will end in 2025.

The Ethereum ecosystem’s treasuries total $22.2 billion in 2024, with Optimism, Uniswap, and Mantle holding the largest shares.

The new solution enables more independent stakers to participate, thereby focusing on Ethereum’s decentralization and security.

Lido Finance commands the largest share, accounting for over 28% of staked Ether.

The investor claimed that 64 of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions.

“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November.

With BlackRock potentially eyeing an Ethereum ETF filing, a host of liquid staking tokens linked to the cryptocurrency are rallying.

The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide.