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Lido Finance, a liquid staking protocol, recently activated a protocol safety feature called “staking rate limit” after over 150,000 Ether (ETH) was staked with the protocol in just one day. Lido offers users an innovative way of staking Ether without requiring their tokens to be locked away.
As per industry reports, Tron's Justin Sun was behind depositing 150,000 ETH to Lido in a single day. Lido protocol's total value locked jumped by more than 2.09% in a single day.
Lido Finance had to activate its safety feature "Staking Rate Limit" after over 150,000 ETH was staked in a single day.
BTC price is chasing after $24,000 again, raising the possibility of LDO, EGLD, THETA and KLAY targeting new year-to-date highs.
On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron.
In a tweet published on 25 February, leading liquid Ethereum (ETH) staking platform Lido Finance [LDO] confirmed that it recorded its largest daily stake inflow with over 150,000 ETH staked.
Rather than pausing ETH deposits, Lido Finance, one of the most popular DeFi liquidity staking protocols, has activated the Staking Rate Limit, the dApp, through a tweet on Feb. 25 said.
The cryptocurrency market has been going through a period of fluctuation in recent weeks, with various macroeconomic factors contributing to a decline in the sector's momentum. As we approach the week of February 27, 2023, several cryptocurrencies are worth keeping an eye on.
Lido Finance recently saw its largest ever daily stake inflow thanks to Justin Sun who has staked over 200,000 ETH on the DeFi staking platform.
Liquid staking platform Lido protocol saw its largest daily stake inflow of 150,000 ETH, according to a statement from the protocol.
The coming week is extremely important for the Ethereum [ETH] community because the Shanghai upgrade is scheduled to take place in three days, counting down from press time. There has been a lot of speculation regarding the potential impact, especially on Lido Finance [LDO].
Lido Finance has reported a significant milestone, with more than 150,000 ETH (Ether) staked in a single day.
Dragonfly Capital data scientist known as hildobby said the 150,000 ether had been staked by Tron founder Justin Sun.
Lido DAO Token News: The euphoria around the upcoming Ethereum Shanghai upgrade just got more intense with the huge staking lot by Tron founder Justin Sun. While the staking limit appears to be exhausted and becomes more difficult for the transaction to go through, the Ethereum staking volumes continue to rise as the Shanghai upgrade The post Lido DAO Breaks Daily Inflow Record; How Are ETH Stakers Affected?
Justin Sun, the founder of Tron, has staked millions of dollars in Ethereum (ETH) on the liquid staking site Lido Finance in anticipation of the eagerly anticipated Ethereum Shanghai upgrade in March. On Feb.
Tron founder Justin Sun's linked address has pledged about 150,000 ETH to Lido to exchange for stETH, Wu Blockchain reports, citing Lookonchain as a source. Lido Protocol registered its largest daily stake inflow so far with 150,000 ETH staked.
Tron founder Justin Sun has staked millions in Ethereum (ETH) on Ethereum liquid staking platform Lido Finance ahead of the most-awaited Ethereum Shanghai upgrade in March. On-chain data platform Lookonchain on February 25 revealed that an address marked as Justin Sun staked 150,100 ETH worth over $240 million on Lido.
Lido DAO has taken the main stage once again with a massive 14% daily increase.
Lido [LDO] has been dominating the DeFi space for a while. Over the last week, it even furthered the improvements on its protocol in several areas.
Thirteen days after Lido Finance [LDO] announced its V2 upgrade, the largest since its launch, the token's value has increased by 33%.
Lido Finance, the popular liquid staking derivatives platform, is currently experiencing a massive growth spurt amid the hype surrounding this new type of token. The platform is seeing an increasing number of users flocking to its network, as well as a surge in whale-tier transactions.
Ethereum liquid staking platform Lido announced a big upgrade earlier this month. Since then, its native LDO token has surged by 33%.
Major VCs (Venture capital) such as Dragonfly and Wintermute observed massive gains in their portfolio over the last few months. According to new data, it was observed that LDO was a prominent token in their respective portfolios.
Lido DAO News: With the recent regulatory restrictions on crypto staking on exchanges, the upcoming Ethereum Shanghai upgrade could potentially bring in sweeping changes in the staking ecosystem. While it is argued that unstaking of ETH would bring down Ethereum price, it can also be argued that many stakers could chose to restake for more The post Why Lido DAO Will Benefit Most From Crypto Staking Regulation?
