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Lido community initiates discussion on proposal to extend wstETH to BNB Chain

Lido community initiates discussion on proposal to extend wstETH to BNB Chain

CointimeCointime2023/11/28 03:03
By:Cointime

On November 28th, Lido community initiated a proposal discussion to extend wstETH to BNB Chain, aiming to utilize the expertise and technology of Wormhole, Axelar, and Lido DAO for multi-chain deployment. Wormhole will deploy the wstETH contract on BNB Chain, and after the deployment is completed, the contract ownership will be transferred to a multi-signature address composed of contributors. This module will be protected by representatives selected from the entire Axelar network, Wormhole Foundation, and BNB Chain.

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