Lido Finance Announces Plans to Shut Down Operations on Polygon
Lido’s decision was approved by 99% of Lido DAO voters, and is very similar to Lido’s previous exit from Solana. Meanwhile, Aave is considering a similar move due to the risk profile of bridged assets and recent proposals to redeploy $1.3 billion in stablecoin reserves into Ethereum vaults. This plan caused some controversy in the…