Lido launches layer-2 Ethereum staking and LDO rewards By Cointelegraph
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Lido launches layer-2 Ethereum staking and LDO rewards One of the biggest Merge staking providers, Lido Finance, has launched on two layer-2 networks, Arbitrum and Optimism, a move it says further improves accessibility to staking while reducing gas fees.
The plan to expand to L2 was first unveiled in July when the team acknowledged that several layer-2 networks had “demonstrated economic activity,” with the new deployment to L2 networks Arbitrum and Optimism launched on Oct. 7.
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Lido launches layer-2 Ethereum staking and LDO rewards One of the biggest Merge staking providers, Lido Finance, has launched on two layer-2 networks, Arbitrum and Optimism, a move it says further improves accessibility to staking while reducing gas fees.
The plan to expand to L2 was first unveiled in July when the team acknowledged that several layer-2 networks had “demonstrated economic activity,” with the new deployment to L2 networks Arbitrum and Optimism launched on Oct. 7.
Continue Reading on Coin Telegraph
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