May 15th marks a new dawn for the Ethereum liquid staking protocol, Lido Finance, as it seeks to launch the highly anticipated V2 update on its platform.
According to Lido contributors, the V2 update is its biggest platform update yet and a step in the right direction toward further decentralization in the blockchain industry.
The update aims to enhance the user staking experience on Lido Finance protocol by introducing two new features which achieve this purpose.
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LDO, the official native token of the Lido finance protocol and liquid staking platform, is seen to soar in price in today’s trading session as bulls gear up in response to the incoming update.
What Is The Lido Finance Protocol V2 Update
Earlier in February 2023, an official Lido Finance announcement release introduced a V2 update proposal that brings unique enhancement features to its Ethereum liquid staking platform.
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