Lido Finance activates staking rate limit after more than 150,000 ETH staked By Cointelegraph

Liquid staking protocol Lido Finance activated a protocol safety feature called “staking rate limit” after more than 150,000 Ether (ETH) was staked with the protocol in a single day.

Lido is a liquid staking solution for digital assets, allowing users to stake Ether without them needing to have their tokens locked. When a user deposits Ether, Lido issues them a liquid variant of ETH, known as staked Ether (stETH), giving users staking rewards for each day the tokens are held in their wallets.