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
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 DAO Improves Governance With New Security & Voting Features
TL;DR Lido DAO has strengthened its governance system with extended two-phase voting periods, an emergency mechanism called GateSeal, and a structure of expert committees for technical
Lido v3 to Offer New Staking Controls with Modular Smart Contracts
TL;DR Lido V3 introduces stVaults, a modular feature that allows users to customize staking strategies on Ethereum, adjusting fees, validators, and risk profiles. This update is
Lido Discontinues Polygon Staking Service After Community Approval
TL;DR Lido has announced discontinuing its staking service for the Polygon PoS chain, following a community vote where 99% of LDO token holders favored the proposal.
Lido DAO’s CSM Goes Live on Ethereum, Lowering Barriers for Small Stakers
TL;DR Lido DAO has approved the activation of the Community Staking Module (CSM) on Ethereum, facilitating access for independent stakers to strengthen decentralization. The CSM allows
Lido DAO Dominates Staked ETH Market as Fees Surpass Ethereum Mainnet
TL;DR Lido DAO surpasses Ethereum fees thanks to increased activity and use of scalability layers. The re-staking program is growing and competes with EigenLayer. The fat
Are Lido Founders Secretly Funding an EigenLayer Competitor? Here’s What You Need to Know
TL;DR Covert Investment: Lido co-founders and Paradigm are reportedly funding Symbiotic, a new venture that competes with EigenLayer by allowing restaking of stETH and other ERC-20 tokens.
Lido’s Staking Dominance Slips Below 30% as Competitors Gain Ground
TL;DR Lido’s Market Share Declines: Lido’s dominance in the Ethereum staking market has decreased, with its share falling from 32% to below 30%, as more ETH stakers
Lido’s Staking Dominance Declines Amid Layer 2 Inflows
The cryptocurrency ecosystem is a field where fluctuations and changes are commonplace, in this case Lido DAO has seen important changes in recent days.
Lido’s Total Value Locked (TVL) Surpasses $20 Billion, for the First Time Since April 2022
In the decentralized finance (DeFi) ecosystem, November 2023 marked a resounding chapter for Lido DAO, the world’s leading Ethereum staking protocol.
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