Lido Finance prompts staking price restrict after extra than 150,000 ETH staked

Lido Finance prompts staking payment restrict after bigger than 150,000 ETH staked

© Reuters

Liquid staking protocol Lido Finance activated a protocol safety feature known as “staking payment restrict” after bigger than 150,000 Ether (ETH) used to be staked with the protocol in a single day.

Lido is a liquid staking answer for digital resources, permitting users to stake Ether with out them needing to hang their tokens locked. When a user deposits Ether, Lido points them a liquid variant of ETH, is named staked Ether (stETH), giving users staking rewards for every day the tokens are held of their wallets.

Caption: An on-chain analyst has chanced on that 150,100 ETH might hang attain from a single user. Source: DeBank

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