Lido: No plans to support ETH PoW after Ethereum merge

2022-09-11 09:09:54
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Chain Catcher news, the liquid staking protocol Lido stated that it does not plan to support ETH PoW after the Ethereum merge, and will not support the distribution of ETH PoW tokens to stETH holders unless there is a proposal.

Additionally, Lido mentioned that the merge will not affect the ETH staked on the Beacon Chain. In the PoS Ethereum after the merge, validators will receive priority fees and potential MEV rewards. Both types of rewards will be staked by Lido validators to increase the stETH rewards available to users, therefore, additional staking rewards will accumulate for stakers after the merge. (source link)

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