Lido introduces NFT as a withdrawal certificate in the ETH withdrawal step
May 19th, 2023

Blockchain analysis company Nansen issued a document stating that after Lido Finance sends an ETH withdrawal request, the user will receive an NFT. Once the withdrawal request is accepted, the NFT image will be updated and the withdrawal applicant will be notified. NFT acts as a withdrawal certificate (receipt).

According to the information disclosed by Lido’s official Twitter, the ETH withdrawal NFT launched by Lido Finance is transferable, which means that users can send it to any ETH wallet that they want to receive unstaked.

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