A bug in Lido's Solana protocol code has led to a significant issue, preventing withdrawals and affecting more than 31,000 wallets holding stSOL. Despite Lido sunsetting its Solana protocol in February and removing its web interface, the protocol still holds $24 million worth of SOL. This has left stakers unable to access their funds, sparking frustration among users, with one stating, "I don’t think this is the right way to treat your users." Lido Finance had decided to terminate its Solana liquid staking service nearly half a year ago, but the funds remain locked. Recently, issues with the withdrawal of stSOL were attributed to a problem with the maintainer bot and updates to rent exempt terms for staking accounts on Solana. The P2PValidator team is reportedly working on identifying and resolving the issue.
Lido on Solana Withdrawal Update: Last week, users encountered problems with the withdrawal of stSOL after an issue with the maintainer bot and the recent update of rent exempt terms for staking accounts on Solana. Over the last few days the @P2PValidator team has identified a…
$24 MILLION IN $SOL REMAINS STUCK ON LIDO FINANCE - NO FIX IN SIGHT? “I don’t think this is the right way to treat your users” wrote one user. - @LidoFinance decided to terminate its @Solana liquid staking service nearly half a year ago. - However, as of today, there remains… https://t.co/pRk26t5WuY https://t.co/SMdLIRJFx5
A bug in @LidoFinance's @solana protocol code is preventing withdrawals. Lido sunset its Solana protocol in February, removing its web interface. But the protocol still holds $24 million worth of $SOL. https://t.co/IVBeOIdMY9 https://t.co/eGK1SbRjbG
ICYMI: @LidoFinance’S $SOL STAKING PROTOCOL STILL HAS $24M WORTH OF STAKED $SOL DESPITE THE PROJECT HAVING REMOVED THE WEB INTERFACE BACK IN FEBRUARY, WITH STAKERS CURRENTLY BEING UNABLE TO WITHDRAW THEIR FUNDS DUE TO A CODE BUG - PER @DLNewsInfo https://t.co/5zHlnZ5zkJ
A bug in Lido's Solana protocol code is preventing withdrawals. Lido sunset its Solana protocol in February, removing its web interface. But the protocol still holds $24 million worth of SOL. Now the more than 31,000 wallets holding stSOL are stuck in limbo. DLNEWS reported.…