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Ethereum World News
2023-01-08 16:30:25

Ethereum’s Shanghai Upgrade Brings Heat To Liquid Staking Derivatives (LSD) with LDO Seeing 71% Increase In Value

Ethereum’s Shanghai Upgrade Brings Heat To Liquid Staking Derivatives (LSD) with LDO Seeing 71% Increase In Value

The Shanghai upgrade of the Ethereum network, set to launch in March, will allow users to withdraw their ether (ETH) from the network. A public test network for the Shanghai upgrade will be released by the end of February. The Shanghai upgrade has generated excitement among some due to the potential for competition between Liquid Staking Derivatives (LSDs) after the upgrade. The LDO token, associated with the Lido DAO, has recently seen strong performance with a 71% increase in value

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