Lido Finance V2 Upgrade Successfully Performed

Ethereum The largest liquid staking platform operating in the ecosystem of Lido Finance The second version update was successful.

The upgrade vote, which started last Friday, was completed at around 20:00 Türkiye time. Lido Almost the entire community has given approval for the V2 update. The platform was upgraded to the second version right after the decision process was over.

Why Did Lido Finance Upgrade to V2?

held in September 2022 Merge The update resulted in Ethereum’s transition to a PoS (proof of stake) system. ETH Startups like Lido gained immense popularity after the network started working with staking.

Liquid staking solutions allowed investors who want to lock ETH to the system and earn income, to continue their transactions through receipts. took place in the past days shapella The upgrade came into our lives so that the staked ETH tokens can be withdrawn.

Lido Finance, on the other hand, submitted the second version for community approval in order to start the withdrawal process in parallel with the Shapella update. The developers followed Shapella 1 month behind to avoid any problems with security.

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