Lido stated that the Staking Rate Limit is a dynamic mechanism that manages large inflow spikes by reducing the chance of diluting value. EthereumStaking ETH
. “Upon reaching this number, a curious protocol safety feature called Staking Rate Limit was activated.”Lido stated that the Staking Rate Limit is a dynamic mechanism that manages large inflow spikes by reducing the chance of diluting value without explicitly pausing stake deposits. In the last 24 hours, Lido’s total value locked experienced a 2.
09% spike, according to statistics. Over the last month, Lido’s TVL increased by 9.02% toOf the total $8.93 billion, $8.7 billion is in staked ether , making it the 12th largest crypto asset in terms of market capitalization. According to Hildobby, a researcher and data analyst at Dragonfly Capital, the 150,000“Today [Justin Sun] staked 150K [ether] through [Lido Finance] (~0.9% of all staked
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