Lido simplifies 15% of the team, focusing on long-term sustainable development.

[BitPush] Lido co-founder Vasiliy Shapovalov stated last weekend: "To ensure long-term sustainable development, Lido Labs, the Lido ecosystem, and the Lido alliance have made the difficult decision to reduce the size of the contributor team, affecting about 15% of employees. This decision is unrelated to job performance and is purely based on cost considerations. It is a tough decision, but it is based on the consideration of long-term resilience. Although making such a decision during a market rise may seem counterintuitive, this move reflects our firm commitment to sustainable growth, operational focus, and alignment with the interests of LDO token holders. Lido is laying the groundwork for development over the next few decades, and this adjustment will help solidify that foundation."