Lido Will Uncap Number of xcDOT Staking and Validator Nodes

MixBytes, the auditor of Lido Finance, said that Lido will enter the second stage of the xcDOT staking service, which will see the uncapped stake and number of validator nodes, the dynamic nomination model to increase annualized reward rate, the launch of decentralized reward oracles and the use of multiple signatures to control contract updates. According to TokenInsight data, $LIDO price increased 30.33% in the past 24 hours and is now at $1.0131.