Lido Finance Plans to Exit the Polygon Network Due to Low Adoption
Lido Finance has announced its decision to cease operations on the Polygon network. The company cites low user adoption and resource constraints as primary factors driving this strategic withdrawal. This decision signals a shift in Lido’s focus towards more lucrative platforms, particularly Ethereum. As the landscape of decentralized finance continues to evolve, Lido’s exit raises questions about the future viability of projects on Polygon. Stakeholders are left to ponder what impact this will have on users currently engaged with Lido on Polygon and where they might migrate in search of continued support for their assets.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]