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Ethereum News

Data: Sun Yuchen newly pledged 10,000 ETH on Lido, and currently pledges more than 200,000 ETH

February 26, 2023
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Justin Sun just pledged another 10,000 ETH ($16 million) on Lido. He currently pledged a total of 200,100 ETH ($320 million) and received 18.68 ETH in revenue within 24 hours, with an APY of approximately 3.6%.

It was reported yesterday that the wallet address marked “Justin Sun” pledged 150,100 ETH on Lido. Lido, the liquidity staking agreement, said that the amount of pledged ETH that flowed into its platform on that day exceeded 150,000.

It set the highest single-day staking traffic so far, but after reaching this number, the platform triggered the security restriction function “Staking Rate Limit”.

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