Lido sets ETH Free: V2 release unleashes withdrawal feature for stakers

As Lido launched its V2 deployment, it introduced ETH withdrawals for previously-staked ETH coins and Staking Router.

The second component introduced by the V2 upgrade was the Staking Router, an innovative modular infrastructure that allows for the seamless development of on-ramps for new Node Operators.“The Staking Router will act as the nucleus of the Lido vision: a platform where stakers, developers, and node operators can collaborate without friction and drive the future of a decentralized Ethereum together.

”Shanghai Upgrade in April, some staking service providers immediately commenced partial and full withdrawal of the long-staked ETH coins on their platforms., the staking services of centralized exchanges such as Kraken, Coinbase, and Gate.io have experienced spikes in ETH withdrawals in the last month.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lido’s deployment vote gets positive response; how did LDO reactLido's vote for deploying its second iteration on Ethereum received a positive response. It remains a dominant platform with a high market share and Total Value Locked.
Read more »

Lido withdrawals, longer queues, and its impact on the protocol: Analyzing it allLido will be unlocking withdrawals soon. The rewards and daily deposits would act as a buffer if unstaking requests remain under 10%. Activity on the protocol rises as interest in stETH surged.
Read more »

Ethereum [ETH]: Bears and bulls tussle for $1800 – what is the way aheadEthereum [ETH] aggressively defended the $1800 support as BTC declined to $26k. But will ETH bulls gain leverage amidst elevated macro headwinds?
Read more »

Ethereum [ETH]: As ARR for stakers rises, will the network reap benefitsEthereum staking ARR surges materially. The number of validators on the network increases, as the number of deposits on the network begin to rise.
Read more »

Ethereum [ETH] in the spotlight: From Finality halt to recovery attempt, and moreThe recent Finality pause on the Ethereum blockchain led to a drop in active addresses, but they have since recovered, even though the bearish trend persisted.
Read more »

Free haircuts for the homeless today at 66 Elm St.New location for Ontario Aboriginal HIV/AIDS Strategy will offer cultural support and programming for Indigenous people in Sudbury
Read more »