Lido will expand its direct ETH staking to four Layer 2 nodes.

On October 15th, Lido announced that its official staking interface now supports four direct ETH staking functions on Layer 2 networks: Arbitrum, Base, Linea, and Optimism. With the help of Chainlink’s cross-chain interoperability protocol CCIP, users no longer need to manually transfer ETH across chains to Ethereum before staking it back. They can directly obtain wstETH on the originating network. According to Lido, the ETH deposited by users will be converted into wstETH within the same Layer 2 network through a dedicated liquidity pool. The price set by Chainlink reflects the exchange rate used in the Lido protocol, not the market price of exchanges. The staking process itself still occurs on the Ethereum mainnet: the ETH deposited on the Layer 2 network will be automatically…