Lido Finance chooses Axelar and Neutron to launch wstETH on Cosmos

According to ChainCatcher, The Block reports that the cross-chain smart contract platform Neutron and the interoperability protocol Axelar have been chosen by the liquid staking project Lido Finance to launch its wrapped liquid staking Ether (wstETH) token in the Cosmos ecosystem.

Once wstETH is deployed on Cosmos and cross-chain governance is established, Axelar and Neutron are expected to transfer control of the cross-chain deployment to Lido DAO.