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In an onchain vote completed on Aug. 9, the Lido community decentralized autonomous organization (DAO) approved the integrations of Axelar and Wormhole as the canonical solution to bridge Lido Staked ETH to the Binance BNB Chain. According to the announcement, the bridge will allow $23 billion in total value-locked to interact with the BNB Chain, a top five chain measured by total value locked. Lido explained that the introduction of bridging Lido Staked ETH (stETH) to the BNB Chain represents a significant milestone, marking the first time Lido has connected to a layer-1 blockchain protocol o…

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