Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Fighter on September 19, 2022, 05:19:20 AM

Title: Lido ramps up to Ethereum merge
Post by: Fighter on September 19, 2022, 05:19:20 AM

Though Ethereum isn’t technically a PoS-based blockchain network, it will be very soon. And ahead of the project’s most ambitious upgrade, Ethereum staking using Lido has seen a rise in deposits.

Alongside LDO’s price this week, data collected from Dune Analytics indicates that there has been a similar surge in the amount of Ethereum deposited on the Beacon Chain since last week.

The Beacon Chain is the PoS version of Ethereum that’s been running in parallel with the proof-of-work (PoW) version since December 2020. The merge event, slated for any time between September 10 to September 15, will see the PoW version merge with the Beacon Chain.

Title: Re: Lido ramps up to Ethereum merge
Post by: Ghozrd on December 03, 2022, 04:05:35 AM

Lido is the biggest staking platform that supports this, with the LIDO platform, you can stake without having to own 10 ethereum, more than 4 million ETh coins are staking and that's a huge amount.

So far no technical issues have occurred on the LIDO platform and that shows the team is working well