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Lido Finance Processes Almost All Withdrawal Requests in a Week Since Launch of Version 2

Lido Finance's LDO liquid staking protocol has successfully processed almost all withdrawal requests within a week since the launch of its version 2. The withdrawals were facilitated using Lido's ETH buffer, which still has a supply of 37.4k available. The buffer is funded through execution layer rewards, partial withdrawals, and daily ETH deposits made by new stakers via Lido. Lido's TVL has increased by 10% in the last month, and its total value locked now stands at $12.5 billion, which is almost double the second-ranked MakerDAO. This demonstrates the growing popularity and success of Lido Finance's protocol.

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