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STAKING RATE LIMIT

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows
Staking Rate Limit

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Lido Finance, a liquid staking protocol for Ethereum, activated a "staking rate limit" after more than 150,000 ETH was staked in a single day. The mechanism aims to address any negative effects of high inflows, limiting the amount of staked Ether that can be minted within a 24-hour timeframe.