Lido has not but activated withdrawals, pending the discharge of its v2 protocol improve anticipated later in Might. Given the character of liquid staking, customers who wish to withdraw from the platform can simply promote their stETH by-product token on exchanges. Because the token’s value tracks carefully to ETH’s, Lido seemingly isn’t dealing with vital withdrawal strain, Kunal Goel, an analyst at crypto analysis agency Messari, wrote in a report Wednesday.