Lido staked SOL holders fret as $24M remains stuck on ‘broken’ contract

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Lido-staked Solana holders have been unable to retrieve their staked SOL due to an issue with a withdrawal smart contract.

As much as $24 million in tokenized staked Solana has been unintentionally locked on the liquid-staking platform Lido due to a faulty smart contract.

“Cannot unstake stSol because none of the 2 solutions provided on the Lido site actually works,” user ericxtang wrote in the Discord channel on March 15. Pavlov added while the issue has been identified, P2P also has “no levers of influence in the situation” and it’s now reaching out to the Lido DAO to potentially change the smart contract.“Changing the smart contract is quite significant in terms of complexity and time. So, the technical team will reach out to Lido DAO and sync up on procedures and timelines.”

 

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