ETH staked assets have also been unlocked while completing the Lido Finance (LDO) version 2 (v2) upgrade, the largest liquid staking protocol on Ethereum.
Lido Finance is a platform that allows users to withdraw Ethereum assets that they have locked on the platform. a critical update the one which… version 2Upgraded to . presented to the community and accepted by the majority In parallel with the conclusion of the voting on May 15, LDO within two days at the price 17% rise was observed.
This upgrade, which is the subject of the news, 1:1 staked ether (stETH) In return, it allows them to withdraw Ethereum from the platform. Currently, approximately 12 billion dollars worth Over 6.1 million ETHIt is staked on the Ethereum network via Lido.
Users started withdrawing their Ethereum assets from the platform as of May 15. Average shooting time depending on network density 1 to 4 days going on between On the other hand, allocated by LDO 490 million dollars worth 270 thousand ETHfirst shooting requests quickly It will be used in order to meet the demand and not increase the density.
As of last month on the Ethereum network Shanghai With the implementation of the update, ETH withdrawals started. But according to the statement made by the LDO team, lots of security checks It took an extra month to streamline withdrawals, and eventually the process was complete.
With the effect of news flow on CoinGecko data 17% rising LDO, $1.89 from the level 2.2 dollars climbed up. In terms of market value 32nd place at the time of writing the project 2.19 from dollars is being traded.