Lido Finance launches layer-2 Ethereum staking- Decoding its impact on LDO

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LidoFinance launches layer-2 Ethereum staking- Decoding its impact on LDO

at this movement when the team noted that the staking platform was “committed to making Lido’s staked-asset tokens widely available throughout Ethereum Layer 2 as it evolves.”

In addition, the ETH staking platform intends to allocate 150,000 LDO tokens in rewards per month from 7 October for wstETH across each network. It is immediately followed by Coinbase, the centralized cryptocurrency exchange through which 1.93 million ETH coins have been staked.

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