.Lidofinance maintained its rank as the biggest LSD protocol on Ethereum
While the Shapella Upgrade, which enables investors to withdraw their staked ETH coins, is supposed to slow down the patronage to Lido, the opposite reaction was recorded eventually. The Lido report also highlights some core growth metrics, including total user count.
According to Lido DAO, the total number of users embracing the LSD platform for the very first time jumped to a peak of 10,000 new stakers. Most of these new stakers did not come without a cogent agenda to drive growth, and their positive gesture has translated to more ETH coins being staked; Lido said it is confident the total Ethereum coins staked on its platform will likely surpass eight million.
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