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 system to a balance-aggregated system supporting larger validator balances. The error was quickly identified and fixed without any loss of user funds or financial damage. This incident highlights the challenges of live protocol migrations despite thorough audits and Lido's commitment to transparency, which helps maintain trust in the DeFi space.
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 r...
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...
