Lido withdrawals, longer queues, and its impact on the protocol: Analyzing it all

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Lido withdrawals, longer queues, and its impact on the protocol: Analyzing it all
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Lido will be unlocking withdrawals soon. The rewards and daily deposits would act as a buffer if unstaking requests remain under 10%. Activity on the protocol rises as interest in stETH surged.

Lido Queues refer to the number of users who have requested to withdraw their staked Ethereum from the Lido protocol. These users have to wait in a queue until their withdrawal request is processed. However, it could take some time, depending on the number of requests and the amount being withdrawn.

If the unstaking requests exceed 10%, it could cause a larger number of validator exits, potentially leading to longer queues for withdrawals.State of the Lido Protocol

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