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Lido Adds ETH Staking to Four Ethereum Layer 2 Networks
Lido, a decentralized finance (DeFi) protocol, has integrated direct ETH staking across four Ethereum Layer 2 networks: Arbitrum, Base, Linea, and Optimism. The feature allows users to stake ETH in a single transaction and receive wrapped staked ETH (wstETH) in their wallet. Users deposit ETH on their chosen Layer 2 network, and wstETH arrives in their wallet from a liquidity pool on that same network. The feature is available on Lido's main interface at stake.lido.fi and runs in parallel with Lido V3 and stVaults. Lido's protocol fee is 10% of staking rewards, with users keeping the remaining 90%.