Lido Community Proposal: Suggest to shut down staking services on Polygon due to lower investment returns

2023-10-19 10:40:57
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ChainCatcher news, the Lido community has released a discussion proposal to initiate a sunset process for the staking protocol Lido on Polygon, similar to those on Polkadot and Kusama. The proposal states that Lido has spent 1,538,500 LDO in rewards on Polygon over the past year, and the annual income for every 1% of MATIC staked is $41,991. Shard Labs' one-time compensation is 150,000 LDO, and the proposer stated, "This is a poor return on investment."

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