Lido DAO

<ul><li>Lido aims to become fully decentralized and outlined steps towards self-custody.</li><li>No significant increase in LDO’s token value despite significant development.</li><li>Lido updated on the unlocking and withdrawal process for staked ETH and resolved eight issues.</li></ul>The most recent announcement from Lido addressed the platform’s move towards decentralization and self-custody, which was a response to previous concerns about its centralization. The update explained the steps that Lido must take in order to become a fully trustless protocol, with withdrawal key rotation being the initial step.The update provides a breakdown of each step and its significance for the protocol’s trajectory. Despite this significant development, there doesn’t seem to be a notable increase in the token’s value.<a href="https://coinedition.com/fully-trustless-protocol-lido-shares-update-on-withdrawal-key-rotation/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

‘Fully Trustless Protocol’: Lido Shares Update On Withdrawal Key Rotation

Coin Edition

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