Simplifying stSOL Withdrawals

January 09, 2025 in Solana by Lido

Contributors to Lido DAO are pleased to share that a new dedicated web interface is now available to simplify the stSOL withdrawal process, developed by Nansen to support users following the Lido on Solana sunsetting announcement.

What's New

Starting today, a new user-friendly interface at stsol.nansen.ai will make withdrawing stSOL accessible to all users, regardless of technical experience. This solution addresses community feedback about withdrawal accessibility.

Through this interface, users can either withdraw their SOL completely or choose to restake with Nansen to continue getting network validation rewards.

Why This Matters

Since the discontinuation of the Lido on Solana frontend in February 2024, users have needed technical knowledge of blockchain clients to withdraw their staked SOL. The new interface eliminates this barrier, ensuring everyone can easily access their cryptoassets through a straightforward web interface.

Timeline

January 9, 2025: Launch of the new withdrawal interface
Interface will remain available to ensure all users can access their cryptoassets at their convenience.

Resources

How to withdraw stSOL (CLI or self-hosted widget)
Lido on Solana sunset announcement