Lido to discontinue services on Polyon in coming months after low adoption

Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.

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Staking protocol Lido says it is winding down operations on the Polygon network due to limited user adoption, evolving ecosystem dynamics and a strategic refocus on Ethereum. 

In a Dec. 16 blog post, the Lido Finance team said the decision was made after a request by Lido DAO Token (LDO) holders, “extensive DAO forum discussion,” and a community vote where 99% favored the proposal.

Two proposals were considered in the November vote, one being the transition away from Polygon and the other being “reevaluating the economics of the middleware.”

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