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10/30/2024 4:04:02 PM (GMT+1)

Lido integrates Chainlink CCIP for cross-chain Ethereum staking on Arbitrum, Base, and Optimism, simplifying access to wstETH and enhancing liquidity in DeFi 💸

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Lido has integrated Chainlink CCIP to allow users to stake Ethereum on second-layer networks like Arbitrum, Base, and Optimism and receive wrapped staking tokens (wstETH) without extra steps. The new "Direct Staking" feature will simplify the process and strengthen cross-chain liquidity, expanding access to DeFi.

With Chainlink, Lido also obtains wstETH rate data and utilizes automation to optimize liquidity management and large-scale cross-chain ETH transfers.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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