Lido community initiates discussion on proposal to extend wstETH to BNB Chain
On November 28th, Lido community initiated a proposal discussion to extend wstETH to BNB Chain, aiming to utilize the expertise and technology of Wormhole, Axelar, and Lido DAO for multi-chain deployment. Wormhole will deploy the wstETH contract on BNB Chain, and after the deployment is completed, the contract ownership will be transferred to a multi-signature address composed of contributors. This module will be protected by representatives selected from the entire Axelar network, Wormhole Foundation, and BNB Chain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Arbitrum awards its largest developer grant to South Korea’s Lotte Grou
Illuvium teams up with Virtuals Protocol to revolutionize NPC behavior using AI agents
Nodepay final airdrop query is now online
Multiple market makers and whale addresses withdraw 1,190 Bitcoins during the market decline