Solana wind down ‘deemed a necessity’ after low charges, says Lido Finance

Decentralized liquid staking protocol Lido Finance has introduced a call to stop operations on the blockchain following a neighborhood vote in Lido’s decentralized autonomous group.

The proposal to sundown Lido on Solana was first put ahead by Lido’s peer-to-peer staff on Sept. 5, citing unsustainable financials and low charges generated by Lido on Solana. Voting commenced on Sept. 29 and completed every week in a while Oct. 6.

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