The post Lido on Solana Seeks $1.5M to Avoid Discontinuation! appeared first on Coinpedia Fintech News

The Lido on Solana project team has expressed their need for financial sponsorship from the Lido DAO community. The team has submitted a proposal seeking $1.5 million in funding, without which they may have to discontinue support for Lido on Solana gradually. Lido on Solana is an initiative to bring staking services to the Solana network, and has been gaining traction in the crypto community. However, financial support is necessary for the continued success of the project. The Lido DAO community will have to decide whether to provide the funding or risk losing access to Lido on Solana.

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