PANews reported on December 16 that according to the official blog, the liquidity pledge protocol Lido announced that in the next few months, Lido on the Polygon network will be officially deactivated. After extensive DAO forum discussions and community voting, LDO token holders requested to stop Lido on the Polygon protocol, and this process will begin soon. Lido stated that the strategic refocus on Ethereum and the lack of scalability of Polygon POS are the reasons for deactivating Lido on the Polygon network.
About the Sunset process: ① December 16, 2024: Lido staking on the Polygon network will stop, and new staking will no longer be accepted through the UI; ② December 16, 2024-June 16, 2025: A six-month transition period during which users can withdraw through Lido on the Polygon UI; ③ January 15 to January 22, 2025: The protocol will be suspended and then resumed; no withdrawals can be processed during this period. ④ June 16, 2025: Front-end support ends, and after this date, withdrawals can only be made through browser tools.
