Lido sunsets Solana staking due to lack of funds; halts deposits effective immediately
The protocol said it would terminate support to its Solana frontend by February 2024.
Decentralized finance staking service provider Lido (LDO) is winding down its Solana (SOL) staking product today, Oct. 16, because it lacks funds to sustain the project, according to a blog statement from its team.
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