Lido DAO, the decentralized autonomous organization responsible for overseeing Lido Finance’s liquid staking protocols, has successfully deployed wstETH to Ethereum Layer 2 Base. This achievement is considered a significant milestone in advancing the adoption of wstETH and addresses the need to bridge scalability limitations while meeting the increasing demand for decentralized staking within the broader Ethereum ecosystem.
Marin Tvrdić, Protocols Relations Contributor for Lido DAO, emphasized the importance of expanding the protocol’s compatibility with Layer 2 solutions, stating that it plays a crucial role in accommodating the growing demand for decentralized staking while overcoming scalability challenges.
