Lido DAO Votes on $20M Buyback Using 10,000 stETH Amid Depressed LDO Prices
TL;DR The DAO is voting to use 10,000 stETH, worth about $20 million to $21 million, to buy back LDO on the open market. At around
Lido DAO News (Latest Publications)
Lido DAO is a decentralized autonomous organization that operates the Lido platform, a liquid staking solution that allows users to stake their Ethereum or other Proof of Stake tokens and receive staking rewards in a liquid form. By allowing for non-custodial staking, Lido enables users to maintain control over their tokens while still participating in staking and earning rewards.
The Lido DAO is responsible for governing the platform and making decisions related to its operation, such as setting staking parameters and selecting node operators. The governance of the Lido DAO is decided through the voting power of its members, who hold the platform’s governance token, Lido (LDO).
Lido Revenue Drops 23% as Users Withdraw Funds and Yields Decline
TL;DR: The platform’s total revenue fell to $40.5 million, representing a 23% drop compared to the $52.4 million recorded in the 2024 period. The organization attributes
Lido Finance Halts Deposits After Critical ZKsync wstETH Bridge Vulnerability
TL;DR: Ethereum’s largest liquid staking protocol identified a vulnerability in the Lido Finance bridge on ZKsync and immediately took emergency measures. In an official statement, the
Lido Launches stVaults on Mainnet, Letting L2s Set Custom Ethereum Staking Rules
TL;DR Mainnet Launch: Lido activated stVaults on Ethereum, enabling customizable staking environments that let institutions, protocols, and L2s build tailored setups while using Lido’s liquidity. Early
Lido DAO Proposes Token Buyback, Echoes Uniswap With Unique Twist
TL;DR Lido DAO proposed an automated buyback system designed to remove LDO tokens from circulation while boosting on-chain liquidity through LDO/wstETH positions. The mechanism will activate
Lido Partners With Chainlink to Adopt CCIP as Official Cross‑Chain Infrastructure for wstETH
TL;DR Lido will integrate Chainlink CCIP as the official infrastructure for wstETH cross-chain transfers, removing the need for native bridges and third-party providers. The migration will
Lido DAO Rallies on VanEck’s Push Into Staked Ethereum ETFs
TL;DR VanEck filing: The asset manager submitted a Delaware proposal for a staked Ethereum ETF, aiming to let institutions capture staking yields without handling blockchain infrastructure.
Lido Welcomes SEC Decision Declaring stETH Non-Security
TL;DR SEC confirms that tokens under liquid staking arrangements do not qualify as securities, giving protocols like Lido a legal green light to run their staking
Lido in Crisis? LDO Token Shows Sharp Weekly Drop Amid Mass Layoffs
TL;DR Lido laid off 15% of its workforce to boost sustainability, sparking concerns about internal stability. LDO token dropped over 21% in a week, despite strong
Lido Responds to Security Breach Involving Oracle Wallet
TL;DR Minor breach, major swift response: A small security incident drained 1.46 ETH from an Oracle hot wallet used solely for signing reports, but user funds
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