Lido

The evolution of Lido for home stakers A Snapshot vote seeking DAO approval for the rollout of CSM v2 is live. snapshot.box/#/s:lido-snaps… If approved, the next step will be an on-chain vote to upgrade CSM, followed by a coordinated rollout of measures outlined in the proposal.

The Community Staking Module, the first permissionless way for operators to use @LidoFinance is on a path to grow 50% (up to 3% of Lido TVL) very soon. 3% is a whopping ~8560 validators (~274000 ETH)! With CSMv2 on the way, CSM can grow to 5% -> 10% (subject to DAO vote) by EOY.

Lido’s Roadmap to Pectra, Part 3 Ethereum, Lido and optimising staking economics with validator consolidations. blog.lido.fi/lidos-roadmap-…

x.com/i/article/1947…

Today we posted the Q2 report of the @LidoFinance Community Lifeguards, and thought I'd share some of what has happened so far! 🧵 Here's a never-seen-before picture of me and @stakesaurus at work. The link to the full report is in the last tweet p:

The world economy will be built on Ethereum.

Built on Ethereum. Built for Ethereum.

🟣 building on @ethereum 🟠 powered by $ETH

This is pretty awesome - DVV stakers will definitely want to check this out. Shoutout to @GearboxProtocol for boosting @LidoFinance's DVT incentivization even further, while continuing to support the decentralization of the staking layer via DVT.

For the first time in DeFi lending, access up to 40X leverage directly on @LidoFinance's DVstETH contract. ⏫ 40X your staking, @Obol_Collective and @ssv_network rewards 0⃣ 0X your slippage With 0% protocol fee for the first 1K WETH borrowed. Details below🧵⚙️🧰

[Security Disclosure] A griefing vulnerability was responsibly reported via Immunefi, affecting the RageQuit mechanism in Lido’s Dual Governance (DG) system. User funds are not affected. The vulnerability has not been exploited and a set of mitigations are in place. Thanks to…