Lido Community Releases New Proposal to Launch Interchain Liquid Staking Service on Cosmos

The Lido community has released a new proposal to launch the interchain liquid staking service on the Cosmos ecosystem blockchain Neutron. The proposal presents a framework for deploying Lido as a custom implementation designed to serve the liquid staking needs of the entire IBC ecosystem. Permission-less CosmWasm smart-contract platform Neutron is incubated by P2P, a core contributor to Lido with deep knowledge of the Cosmos tech stack. Neutron is slated to be one of the first Interchain Secured zones, for which it has received support and funding from the Cosmos Hub.