Tron (TRX) Founder Justin Sun Stakes 150,100 ETH in Lido Finance: Details

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Tron (TRX) Founder Justin Sun Stakes 150,100 ETH in Lido Finance: Details
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Tron (TRX) creator Justin Sun pledges 150,100 ETH on Lido Finance TRX $TRX $LDO LidoFinance Layer2

At the moment, however, it is not possible to withdraw Ethereum after depositing it — not until the upcoming Shanghai fork scheduled for next month.

The SEC and Kraken settled earlier this year in which Kraken, a U.S.-based cryptocurrency trading platform and custodian, agreed to end its"Crypto Asset Staking-as-a-Service" business in the country and pay a $30 million fine. Although the SEC's actions have negatively impacted the future of centralized staking services, users can still stake their ETH tokens or use a decentralized staking service without interference from the regulator.

Platforms that provide"decentralized" staking services, such as Lido Finance and Rocket Pool, gained traction shortly afterward.

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