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Lido Team Provides Design For Staked Ether Withdrawals The Li | DeFi & Ethereum News

Lido Team Provides Design For Staked Ether Withdrawals

The
Lido team put up ideas for how the protocol should handle ether withdrawals when Ethereum’s forthcoming Shanghai upgrade has been turned on. The design paper also stated that Lido’s bunker mode tries to stop knowledgeable actors.

The Lido team put forward its designs to the Lido DAO, the project’s form of governance, via a post on the community’s forum. The feature will enable users to unstake their staked ether tokens once the Shanghai upgrade happens. The Lido team characterized the withdrawal feature’s creation as a challenging undertaking. Due to the way staked ether withdrawals will function after the Shanghai upgrade, this complexity exists. Withdrawals won’t occur for everyone participant at the same time because the procedure will be asynchronous.

Source

https://t.me/DeFi_Ethereum