Lido: No plans to support ETH PoW after Ethereum merge
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)
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags