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Bullish

Chainlink's CCIP powers Lido's direct ETH staking on four L2 networks

Chainlink's Cross-Chain Interoperability Protocol (CCIP) has been integrated into Lido's platform, enabling direct Ethereum (ETH) staking on Arbitrum, Base, Linea, and Optimism Layer 2 networks. This integration simplifies the staking process by eliminating the need for manual bridging of ETH between networks. While the announcement highlights the technical advancement, specific usage volumes and fee impacts on LINK and LDO tokens remain undisclosed.

Key points

  • Lido launches direct ETH staking on four L2 networks using Chainlink's CCIP.
  • No specific usage volumes or fee impacts on LINK and LDO tokens disclosed.

Sources

AI-generated from public news sources. Not financial advice.

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