🎯 How is Lido solving the cross-chain problem? Jakov Buratović ( DeFi leader at Lido) Chia that Lido wants to make users' Staking assets accessible wherever they need them. The problem is: Ethereum Staking originated on the mainnet, but users are already living on Layer 2. If DeFi doesn't follow them to new networks, it will shoot itself in the foot. Previously, Lido prioritized absolute security, using only canonical bridges. While highly secure, this came at the cost of slow speeds. Transferring assets between L2s often involved waiting days or incurring slippage through liquidation bridges. The turning point came when @LidoFinance partnered with Chainlink, implementing CCIP with a burn-and- Mint mechanism for wstETH. Token are burned on the source chain, messages are sent via CCIP, and then Mint natively on the destination chain. No intermediate liquidation is needed. No need to return to the mainnet. Fast and efficient. 👉 As a result, multi- chain vaults like GGV can move millions of dollars in just minutes, instead of waiting a week and missing out on yield opportunities.