KEY ($0.00) TAKEAWAYS
- Lido protocol’s stETH and wstETH tokens are now available on Soneium, an Ethereum Layer 2 blockchain developed by Sony Block Solutions Labs.
- Soneium, built on Optimism’s OP Stack, offers EVM compatibility for seamless integration with Ethereum-based applications.
- The Superbridge.app facilitates the transfer of stETH and wstETH between Ethereum and Soneium, with a standard security delay for withdrawals.
- Soneium Mainnet provides a Lido wrap widget for easy management of stETH and wstETH tokens without the need for constant bridging.
The Lido protocol has announced that its stETH and wstETH tokens are now available on Soneium, an Ethereum Layer 2 blockchain developed by Sony Block Solutions Labs, a Sony Group company. Soneium aims to empower creators, fans, and communities by providing a platform to protect their rights and connect globally.
Soneium is built on Optimism’s OP Stack and is an EVM-compatible blockchain, which allows for seamless integration with Ethereum-based applications. The deployment of stETH and wstETH on Soneium was facilitated using the Lido protocol’s Multichain Automaton. This script streamlines the deployment of these tokens on OP Stack networks, ensuring robustness and transparency.
How to Bridge stETH and wstETH to Soneium
The Superbridge.app provides a straightforward method for transferring stETH and wstETH between Ethereum and Soneium. Users can follow the steps outlined on the platform to bridge their tokens. It is important to note that bridging back from Soneium to Ethereum may take up to seven days. This delay is a standard security feature of the OP Stack, serving as a challenge period to ensure secure withdrawal.
Additionally, users do not need to bridge stETH and wstETH back and forth to use different tokens on Soneium. The Soneium Mainnet offers a Lido wrap widget, which allows users to easily unwrap wstETH into stETH or wrap stETH into wstETH, providing an efficient way to manage their tokens.
For more detailed instructions and resources, users can visit the official announcement here.
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