TLDR Crypto · INNOVATION & LAUNCHES
LIDO STAKING GOES CROSS-CHAIN VIA CHAINLINK CCIP
Summary from the TLDR Crypto newsletter
Lido has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable Direct Staking across L2 networks like Arbitrum, Base, and Optimism. This allows users to stake ETH and receive wstETH in a single, streamlined transaction. The innovation simplifies cross-chain staking, improves liquidity for wstETH, and improves the accessibility of liquid staking within the multi-chain DeFi ecosystem.