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Cryptopolitan 2023-10-18 08:52:02

Lido on Solana decides to cease operations amid financial strain

Lido on Solana, a prominent liquid staking protocol, is set to conclude its operations. The team announced the decision following a comprehensive DAO consultation and subsequent community vote on October 16, 2023. Financial hurdles primarily influenced this outcome, as the P2P team faced sustainability issues. Overwhelming support emerged for the closure during the voting process. ... Read more

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