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Lido Adds Direct ETH Staking From Four Layer 2s to Its Interface

Users receive wstETH from local liquidity pools, while ETH is bridged to Ethereum for staking and the pools are replenished in the background.

Lido Adds Direct ETH Staking From Four Layer 2s to Its Interface
The Defiant
AI summary

Lido has added direct ETH staking from four Layer 2 networks to its interface. Users receive wstETH from local liquidity pools, while their ETH is bridged to Ethereum for staking and the pools are replenished in the background. The update improves accessibility and user experience for L2-based stakers but does not materially change Lido's market position or ETH supply dynamics, so it is unlikely to move prices.

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