avatar

Lido Finance Community Proposal to Relaunch its Protocol on the New Terra Chain Has Failed

A community vote by Lido Finance, the liquidity staking protocol, on whether it should support the Terra 2.0 relaunch has closed. Among them, 94.57% of Lido DAO members voted not to support the Terra relaunch. Therefore, the protocol will not be relaunched on the new Terra chain.
Source

Lido

Terra

DeFi

In This Article

Related News
Lido 'secure' after oracle compromise sparks emergency DAO vote Lido 'secure' after oracle compromise sparks emergency DAO vote
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Avalanche buys back $53M of AVAX tokens from Terra’s LFG Avalanche buys back $53M of AVAX tokens from Terra’s LFG
Latest News More More
7 Hours Ago Daily Market Wrap | Aug. 20
1 Day Ago Daily Market Wrap | Aug. 19
2 Days Ago Daily Market Wrap | Aug. 18
5 Days Ago Daily Market Wrap | Aug. 15
6 Days Ago Daily Market Wrap | Aug. 14

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open