Lido Finance: plans to expand to L2's Arbitrum and Optimism networks, and launch wstETH

[Lido Finance: Plan to expand to L2 Arbitrum and Optimism networks, and launch wstETH] Jinse Finance reported that Lido Finance announced the update of the L2 plan. Lido's goal is to create a series of highly liquid pledged assets and be widely used in DeFi . L2 represents a clear path to achieve this at scale. While directly staking ETH from L2 is the goal, it all starts with a seamless L2 token bridge. The first step in the L2 expansion is to link ETH collateralized derivatives with Arbitrum and Optimism, while preserving the properties of our yielding assets. Due to the ease of integration across the L2 network, the focus will be on wstETH (an immutable base version of stETH).

Other news:

Solidus Labs launches a comprehensive global encryption regulation index: Jinse Finance reported that the encryption market monitoring company Solidus Labs released the Global Encryption Regulation Index, referred to as the GCR Index, which mainly provides a snapshot of the current position of digital asset regulations at a point in time, and Ranks key countries and their regulatory approaches aimed at protecting consumers and encouraging innovation.

Earlier news, Solidus Labs initiated and co-founded the Crypto Market Integrity Alliance (CMIC), which now includes Coinbase, Circle, Anchorage Digital, Gemini, Robinhood, and 33 other leading companies to advance market integrity standards. [2022/7/27 2:39:41]

a16z invests $70 million in Lido Finance, a decentralized staking solution: On March 4th, a16z announced that it has invested $70 million in Lido Finance, a decentralized staking solution, and plans to use Lido to put a16z Crypto on the Ethereum beacon chain The undisclosed part of ETH held on the platform is pledged.

It is reported that Lido Finance was established in 2020 to provide liquidity staking solutions for Ethereum 2.0 and public chains such as Solana and Terra, allowing users to pledge their ETH, SOL and other tokens without lock-up or minimum deposit. Lido completed a US$73 million financing led by Paradigm in May 2021, with participation from Three Arrows Capital, Alameda Research, DCG and others. [2022/3/4 13:36:37]

Solidity releases version 0.8.10, enabling a new EVM code generator for pure Yul mode: On November 10th, the Ethereum smart contract programming language Solidity released version 0.8.10, which introduced a new EVM (Ether Fang virtual machine) code generation backend for the experimental compilation process of Solidity through Yul, and to optimize the compilation of Yul input. Solidity said that in its benchmark tests, the new code conversion can significantly save Gas costs, but the code size will increase slightly. [2021/11/10 6:44:05]