Lido Launches Modular Infrastructure for stVaults Staking
The team at Lido Finance has implemented the v3 update on the mainnet, featuring modular infrastructure for staking stVaults based on stETH.Latest news on the DeFi protocol Lido and its native cryptocurrency LDO.
Lido Launches Modular Infrastructure for stVaults Staking
The team at Lido Finance has implemented the v3 update on the mainnet, featuring modular infrastructure for staking stVaults based on stETH.
Lido Reduces Workforce by 15%
The team behind the liquid staking platform Lido has reduced its staff by approximately 15%, according to co-founder Vasiliy Shapovalov. As part of efforts to ensure long-term sustainability, Lido Labs, Lido Ecosystem, and Lido Alliance have made the hard decision to reduce the size of their contributor teams, impacting around 15% of the workforce. This […]
Lido’s Share in Ethereum Staking Drops to 25%
Once dominant in the Ethereum staking market, Lido Finance has seen its share shrink to 25%. This marks the lowest level since March 2022, as noted by Tom Wan of Entropy Advisors. Lido’s Market Share in ETH Staking has dropped to 25%, which is the lowest point since March 2022. pic.twitter.com/zEGPLZAQHD — Tom Wan (@tomwanhh) […]
Lido to Vote on Replacing Compromised Oracle
Members of the Lido DAO are conducting an emergency vote to replace an oracle whose private key was compromised. ⚠️ Emergency Lido DAO vote announcement: rotate single Lido Oracle related to compromised Chorus One oracle private key. Stakers are not affected. The protocol remains secure and fully operational. The oracle system is robust by design, […]
Lido Stakers Granted Power to Block DAO Decisions
Developers of the liquid staking platform Lido Finance have announced the LIP-28 Dual Governance update, enabling stETH holders to delay and block DAO decisions. Dual Governance: Coming Soon Years in the making, Lido DAO contributors are proud to present an outline for the upcoming release of Dual Governance featuring design & code choices, parameters, deployment […]
Lido Announces v3 Update
Developers of the liquid staking platform Lido plan to release the v3 protocol update in the summer of 2025. Introducing Lido V3: Ethereum Staking Infrastructurehttps://t.co/SYNSBW6S6R Advancing Ethereum staking with stVaults. ? pic.twitter.com/nMFhGlLDL3 — Lido (@LidoFinance) February 11, 2025 The core feature of v3 is the modular smart contracts stVaults, allowing users to customize the staking […]
‘Bitcoin is cooked’: Justin Drake sees deflationary potential in Ethereum
Justin Drake outlined ways to restore deflation in the Ethereum network. Bitcoin will face security challenges as it nears the 21m BTC supply cap. Advances in energy, mining efficiency and economic incentives could mitigate the headwinds for the first cryptocurrency. As issuance shrinks, Ethereum will gain the status of “ultrasound” money, while Bitcoin will be […]
Lido to Cease Support for Polygon
The team behind the liquid staking protocol Lido Finance has halted operations on the PoS blockchain Polygon. The Lido on Polygon sunset process has begun.https://t.co/icgidJsbqF See below for an overview of upcoming timelines and requirements ?? — Lido (@LidoFinance) December 16, 2024 Withdrawals are available until June 16, 2025, after which they will be accessible […]
US Court Holds Lido DAO Members Accountable for Organisational Activities
A court in California has classified the decentralised autonomous organisation (DAO) managing the Lido liquid staking protocol as a legal entity in the form of a general partnership. Under state law, members of such a structure bear financial responsibility for its actions. The case originated from a lawsuit by Andrew Samuels, who purchased tokens issued […]
Lido Founders Secretly Back EigenLayer Rival
The co-founders of the DeFi platform Lido are covertly financing a competitor to the rapidly popular liquid restaking protocol EigenLayer, according to CoinDesk, citing its own sources. Konstantin Lomashuk and Vasiliy Shapovalov have supported a project named Symbiotic through their venture firm Cyber Fund. Paradigm, a major investor in Lido, also participated in the funding. […]
Impact of Restaking on Ethereum’s On-Chain Metrics Analyzed by Experts
The introduction of restaking protocols EigenLayer and LRT has increased the share of ETH in staking to 26% of the total supply. Glassnode examined how this trend could affect Ethereum’s role as a monetary asset. Analysts recorded a rise in the total number of coins staked to 31.4 million ETH (as of April 13). Data: […]
Lido’s Share in Ethereum Staking Drops to 29.6%
The recent influx of new Ethereum stakers has reduced Lido Finance’s share in the segment from 32% in February to 29.6%, according to data from the Dune dashboard. Share of organizations in Ethereum staking. Data: Dune. In total, Lido has 9.5 million ETH locked. Coinbase ranks second with 14%, followed by Binance with 3.7%. Meanwhile, […]We use cookies to improve the quality of our service.
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