
Izzy
7.9K posts






Following recent bridge exploits, Lido contributors are publishing the security principles behind wstETH’s multi-chain strategy, and why @chainlink CCIP was selected as the official cross-chain solution. The analysis covers how Chainlink CCIP delivers strong decentralization, native safeguards, and issuer control as default protocol-level guarantees, which insulates wstETH from a number of attack vectors behind the Kelp / LayerZero exploit. This decision was made last November by the Network Expansion Committee, with CCIP securing wstETH via 16 independent node operators, native rate limiting, and no vendor lock-in over token contracts. Read the full breakdown from Lido contributors: blog.lido.fi/cross-chain-se…





Quick update: The first tranche of rsETH has been transferred by @aave into the LayerZero OFT Adapter per the coordinated restart plan agreed with Kelp. Bridging is now resumed. Users can move rsETH in and out of L2s from mainnet freely now. 1. rsETH contracts will be unpaused for withdrawals within the next 24h. 2. Deposits will reopen, and exchange rates will update within 48 hours. This will accrue the staking rewards from the pause period to all the rsETH holders. Remaining tranches from Aave's recovery guardian and Kelp will be sent over the next 2 weeks to fully refill the lockbox. Transaction: etherscan.io/tx/0xd6b29a3ab…

10M of stake, just ~12500 validators. If the whole stake was like this, we could finalize in seconds. Let your staking pool know that you want the finality time to go down by 100x, and let's get the remaining 900k validators down to a few thousands 🫡








