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BCH $446.87 +0.24%
LINK $9.09 -1.20%
HYPE $39.59 +0.23%
AAVE $94.04 -2.42%
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ZEC $319.79 -4.40%

Lido: Will gradually stop staking services on the Polygon chain

2024-12-16 23:11:18
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ChainCatcher message, Lido posted on social media to remind stMATIC holders of important dates to keep in mind:

  1. Staking on Lido on Polygon will stop on December 16;
  2. From December 16 to June 16, 2025, there will be a transition period during which withdrawals can be processed through the Lido on Polygon UI;
  3. From January 15 to January 22, 2025, the protocol will be paused and will resume operation afterward, during which no withdrawals can be processed;
  4. On June 16, 2025, front-end support will end, and withdrawals can only be made through browser tools.

The Lido community had previously released a discussion proposal in October to initiate a sunset process for the staking protocol Lido on Polygon, similar to that on Polkadot and Kusama.

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