Lido’s TVL falters, thanks to the decline in the price of these ruling altcoins

Lido finance records a decline in TVL and APR in the last week. LDO’s value continues to fall following FTX’s collapse. Leading Ethereum [ETH] staking platform Lido Finance [LDO] suffered a decline in its total value locked (TVL) in the last week due to a decline in the value of native tokens, including Polygon’s MATIC,