stETH Deposits to Optimism Paused for Upgrade

🌉 Bridge closing soon

By Lido
Oct 7, 2024, 6:33 PM
twitter

Lido is upgrading to bring rebasable stETH to Optimism, enhancing direct daily staking rewards for users.​ Key points:

  • wstETH deposits from Ethereum to Optimism paused from October 7th to ~14th
  • Upgrade timeline: • Oct 7: Pause bridge deposits • Oct 8-10: Voting phase • Oct 11: Execute upgrades if passed • Oct 12: First post-upgrade report • Oct 14: New UI availability

This upgrade is part of LIP-22, introduced in March, aiming to improve L2 bridging experiences.​ Users should note the temporary pause in deposits and stay tuned for further announcements.​

For more information, check the stETH on Optimism Action Plan and LIP-22 documentation.​

Sources

stETH deposits from Ethereum to OP Mainnet will be paused from around ~8am UTC today. More info below 👇

Lido
Lido
@LidoFinance

REMINDER: As part of the upgrade to bring rebasable stETH to @Optimism, wstETH deposits from Ethereum to Optimism will be paused from October 7th until upgrade is complete (approximately October 14th) 🔴 More info here: x.com/LidoFinance/st…

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REMINDER: As part of the upgrade to bring rebasable stETH to @Optimism, wstETH deposits from Ethereum to Optimism will be paused from October 7th until upgrade is complete (approximately October 14th) 🔴 More info here: x.com/LidoFinance/st…

Lido
Lido
@LidoFinance

Rebasable stETH on Optimism: Soon™ 🔴 Lido contributors are working to bring rebasable stETH to Optimism to bring direct, daily staking rewards to users. Here’s what you need to know 👇

29
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