Lido Finance Implements Staking Rate Limit Feature
In response to the massive ETH staking requests issued in one day, Lido Finance has implemented a new safety feature to limit staking rates. The popular liquid staking protocol announced the development on its Twitter feed and discussed how the new feature works for users. The staking protocol had announced that it had “…registered its largest daily stake inflow so far with over 150,000 ETH staked.” In the same announcement, it noted to users that a feature, called the Staking Rate Limit, was to be implemented. Lido protocol has registered its largest daily stake inflow so far with over 150,000 ETH staked. 🎉 Upon reaching this number, a curious (but important) protocol safety feature called Staking Rate Limit was activated. Here’s how it works🧵👇 pic.twitter.com/ngBtWz7q18 — Lido (@LidoFinance) February 25, 2023 Lido Introduces Staking Rate Limit In a Tweet, Lido Finance announced that it would implement a new s...