Lido V2 Upgrade Brings Withdrawals, Staking Router + More

• Lido V2 Upgrade to Bring Withdrawals and Staking Router: The two major focal points of this upgrade are the staking router and withdrawals.
• BANXA Holdings Integrates with MetaMask: BANXA has integrated with ConsenSys’ self-custodial wallet MetaMask, allowing global users to purchase crypto with credit cards, Apple Pay, and local banking infrastructure.
• Ramp Reveals Off-ramp Product & StarkWare to Partner with Chainlink Labs: Ramp’s off-ramp product allows users to transfer digital assets back into fiat currency, while StarkWare will partner with Chainlink Labs to make blockchain scalable for mass adoption.

Lido V2 Upgrades

Technical contributors to Lido, a decentralized finance (DeFi) protocol and a third-party staking pool operator for Ethereum (ETH) 2.0, have presented the proposal for Lido V2 – an upgrade that is set to bring in new features such as withdrawals and a staking router.
The staking router will allow anyone to develop on-ramps for new Node Operators ranging from solo stakers, DAOs, and Distributed Validator Technology (DVT) clusters. This upgrade also allows stETH holders to withdraw from Lido at a 1:1 ratio.

BANXA Holdings Integrates With MetaMask

Web3 on-and-off ramp solution BANXA Holdings has announced an integration with major blockchain technology ConsenSys‘ self-custodial wallet MetaMask. This partnership will allow MetaMask users in Canada to purchase crypto through interbank network Interac while giving access in other countries such as Netherlands, Australia, South Africa, and Turkey through local banking infrastructure.

Ramp Reveals Off-Ramp Product

Financial technology company Ramp has made its off-ramp product available globally enabling businesses to offer customers a way of selling their crypto assets back into fiat currency. Several companies have committed to integrating off-ramp including Brave, Ledger, Trust Wallet and more.

StarkWare Partners With Chainlink Labs

Starkware is partnering up with Chainlink Labs in order for its STARK technology become scalable enough for mass adoption on blockchains . It is hoped that this collaboration will improve scalability solutions across multiple blockchains as well as strengthen security protocols by leveraging STARKs unique zero knowledge proof system architecture which can be used by smart contracts when necessary .

Conclusion

Today’s news brings various upgrades in DeFi protocol and payments platforms which aim towards simplifying cryptocurrency transactions while making them secure at the same time by leveraging existing technologies like STARKs zero knowledge proof system architecture . These collaborations between different companies could lead us closer towards mass adoption of cryptocurrencies across the globe