Lido: Will gradually stop staking services on the Polygon chain

2024-12-16 23:11:18

Collection

ChainCatcher message, Lido posted on social media to remind stMATIC holders of important dates to keep in mind:

Staking on Lido on Polygon will stop on December 16;
From December 16 to June 16, 2025, there will be a transition period during which withdrawals can be processed through the Lido on Polygon UI;
From January 15 to January 22, 2025, the protocol will be paused and will resume operation afterward, during which no withdrawals can be processed;
On June 16, 2025, front-end support will end, and withdrawals can only be made through browser tools.

The Lido community had previously released a discussion proposal in October to initiate a sunset process for the staking protocol Lido on Polygon, similar to that on Polkadot and Kusama.

Source