Lido’s proposal for V2 version upgrade opens for voting

03/01/2023 15:38 • Blockchain Briefs • 117 views

It is reported that Lido’s proposal for V2 version upgrade has been opened for voting. The V2 version upgrade will include support for Ethereum withdrawal and pledge router. At present, many security agencies are auditing the code. If the proposal is approved, Lido plans to test it on the Goerli test network from March 7 to 31. The deployment of the V2 version on the main network depends on the Ethereum Shapella upgrade time and the audit end time.

Lido’s proposal for V2 version upgrade has been opened for voting

Analysis based on this information:

Lido, a popular decentralized finance protocol, has opened voting on its proposal for V2 version upgrade. This new version upgrade features significant improvements, including support for Ethereum withdrawal and pledge router. The upgrade has caught the attention of several cybersecurity agencies who are currently auditing the code to guarantee a high level of security.

If approved, Lido plans to test the V2 version upgrade on the Goerli test network from March 7 to March 31. However, its main deployment on the Ethereum Shapella upgrade time will depend on the audit end time. This means that the timeline for the launch is still uncertain.

The V2 version upgrade is set to bring about many benefits for Lido, including expanded functionality for users, as well as increased security. The inclusion of support for Ethereum withdrawal makes the protocol more flexible for users who want to withdraw their assets. Additionally, the pledge router will enhance the protocol’s security, making it less susceptible to attacks.

The news of the proposed V2 version upgrade has caused excitement among the crypto community, with many looking forward to the upgrades. This sentiment is reflected in the current voting process on the proposal. The proposal has received widespread support, with a majority of voters in favor of the upgrade.

Overall, this is positive news for Lido users who will enjoy added flexibility and increased security. Plus, the proposal is an indication that Lido is committed to providing its users with the best possible experience, constantly making improvements to the protocol.

In conclusion, Lido’s proposal for its V2 version upgrade is a significant development in the decentralized finance (DeFi) ecosystem. The proposal will impact users positively, providing more flexibility for asset withdrawals, and increasing the security of the protocol. The auditing process also highlights Lido’s commitment to ensuring the highest security standards for its users.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/01/lidos-proposal-for-v2-version-upgrade-opens-for-voting/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Lido’s proposal for V2 version upgrade opens for voting

Lido’s proposal for V2 version upgrade has been opened for voting

Recommended articles