BlockBeats news, on October 16, LSD track leader Lido announced that it would stop accepting new mortgages on Solana, and its projects on Solana will be gradually terminated in the next few months. According to a statement posted on Lido’s official blog, this decision was approved by Lido token holders after an in-depth discussion on the Lido DAO forum and a community vote. According to snapshot data, 92.73% of members voted in favor of quitting Solana.

The projects pledged by the LDO project team on Solana incurred losses, so the community voted to withdraw.