Lido Finance, a decentralized liquid staking platform, is ending its Solana (SOL) operations after the DAO community voted in favor of sunsetting the Lido on Solana protocol.
Per Lido’s blog post on Monday, the process of shutting down Solana staking product will “begin shortly” phasing out.
“After much discussion and a vote by Lido DAO members, it was decided that the best course of action would be to wind down Lido on Solana.”…
Read More: Liquid Staking Solution Lido Winds Down Solana Staking Following Community Vote