In the proposal, decentralized finance applications developer firm and Lido partnerannounced it would stop developing and providing technical support to Lido on Polkadot and Kusama liquid staking protocols as of August 1, 2023.
“The decision was made because of several challenges, including market conditions, protocol growth, limited capacity and priority alignment,” Kosta Zherebtsov, chief product officer of MixBytes and the author of the proposal, said.
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