🚨 Lido contributors explained why Chainlink CCIP was selected for cross-chain deployment of wstETH.
The decision comes as bridge security faces increased scrutiny after major exploits led to nearly $3B in stolen funds, including recent Kelp / LayerZero-related issues.
Contributors said bridge infrastructure directly impacts:
Token security
Operational safeguards
Issuer control mechanisms
wstETH is now supported through Chainlink CCIP as part of Lido’s multichain expansion strategy.