Lido Integrates Chainlink CCIP to Support Cross-Chain Staking on Arbitrum, Base, and Optimism

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ODAILY
10-30
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Odaily Star Daily News: Lido announced the integration of the Chainlink Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking on Ethereum L2 networks (such as , , and ). This integration will support Lido's direct staking functionality, allowing users to stake ETH from different blockchain networks and receive wstETH. In addition to the staking integration, Lido will also utilize Chainlink's data feeds to determine the redemption rate of wstETH on Ethereum. Furthermore, Lido will use Chainlink Automation to batch-process cross-chain ETH transfers, enhancing liquidity management. (CryptoSlate)

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