Lido DAO's token price rose 5.2% after a brief dip, driven by a vote on the NEST automated buyback system, which aims to use staking revenue to support LDO token value. However, concerns over Ethereum's proposed EIP-8361, which could reduce staking rewards and impact Lido's revenue, continue to pressure the token. The vote runs until August 8, and the outcome could influence Lido's future liquidity and revenue mechanisms. Traders remain cautious as Ethereum's staking changes pose risks to Lido's staking-based earnings.
Lido revealed a bug during the rollout of Staking Router v3 where an AccountingOracle error missed a 32 ETH validator deposit, causing an incorrect stETH rebase rate of 2.04% APR. This issue occurred during the upgrade from a per-validator reward sys...
Lido DAO (LDO) fell 16.31% after Ethereum proposed EIP-8361, which could cut staking yields and reduce liquid staking appeal. This triggered heavy selling and a 230% surge in trading volume as investors reassessed Lido's growth. Despite the selloff, ...
Ethereum staking experienced a net outflow of 149,113 ETH from July 28 to August 3, even as the annual percentage rate (APR) for staking rewards slightly increased from 2.66% to 2.67%. Total staked ETH reached 41.37 million, about one-third of the ci...
