Liquid Staking Giant Lido Moves 8 Million ETH Onto New Validators to Ease Ethereum Network Load

Lido logo on a phoneLido has activated the largest upgrade to its Core Protocol since Lido V2, and it starts by moving more than 8 million ETH onto Ethereum’s newer validator design, the company explained on Monday, in a note shared with Bitcoin.com News. That stake, worth roughly $16.5 billion, is about a fifth of all ETH currently staked. […]

Source: https://news.bitcoin.com/liquid-staking-giant-lido-moves-8-million-eth-onto-new-validators-to-ease-ethereum-network-load/

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