Lidc

A proposal for Lido DAO to contribute to @aave’s coordinated rsETH relief effort has landed on the Research Forum following this week’s Kelp's rsETH LayerZero bridge exploit. The proposal authorizes a one-time, capped contribution of up to 2,500 stETH to a dedicated relief vehicle, solely as part of a fully funded recovery package. The proposal is designed to reduce broader ecosystem spillover and support an orderly resolution for affected users. DeFi United. Read more below: research.lido.fi/t/lido-dao-con…

4,666 ETH (∼$10,512,498) were distributed as staking rewards to stETH holders last week. ETH is a productive asset.

@LidoFinance News: A proposal regarding crucial changes coming to Lido is now open for community input. To highly encourage your review, we’ve reserved an incentive for users who vote within the first 24 hours. Learn more: lido-proposal.app

@megaeth Furthermore, voting is now LIVE to set the MEGA Rewards date! The first 500 voters qualify for an exclusive bonus. Details 👇 x.redirect-securing.com/?url=https%3A%…

All tokens will be distributed to users by 7am ET. megaeth.com/token

MEGA Now Trading.

@megaeth Voting is now LIVE to set the MEGA Rewards date! The first 500 voters qualify for a 1.25× allocation boost. Learn more 👇 x.redirect-securing.com/?url=https%3A%…

@megaeth Furthermore, voting is now LIVE to set the MEGA Rewards date! The first 500 voters qualify for a 1.25× allocation boost. Details 👇 x.redirect-securing.com/?url=https%3A%…

Consensys is proud to join DeFi United alongside @aave with up to 30,000 ETH to support the rsETH recovery. The Ethereum ecosystem has always been at its best when it moves as one. DeFi United.

[Update ongoing Kelp incident] Last Thursday Lido contributors shared a proposal to contribute 2,500 ETH to @aave’s coordinated rsETH relief effort. Over the past three days, DeFi United has raised more than 100,000 ETH to improve the backing of rsETH and normalize market conditions. Pending execution of outstanding DAO votes, the initiative is on track to be finalized in the coming week.

It's been a hectic week in DeFi, but Lido is still going strong. Wondering what contributors are working on and what's in store for the next year? Check out this fireside with @d_gusakov, @sasha__gusakova, @KimonSh and @penzjun at Lido Day in Cannes. Vid: youtu.be/71EbCcruPeA

1/ [Update on Lido Earn vaults and the ongoing Kelp incident] Lido Earn contributors are working with the vault curators (Veda and Mellow) to resolve two distinct issues arising from the Kelp incident: direct exposure to rsETH, and an ongoing liquidity crunch on lending markets. The Lido staking protocol is not involved in either issue. stETH and wstETH are not affected.

FalconX joins Lido Poolside: Institutional Griffin Sears, Head of Derivatives at @FalconXGlobal, joins the upcoming Lido Poolside Community Call for a panel on the latest institutional Ethereum staking developments. 📆 April 23rd, 2PM UTC Save the date: luma.com/ut0m3s7g

1/ On April 18, an attacker drained 116,500 rsETH (~$292M) from Kelp's cross-chain bridge. rsETH markets on Aave and other lending venues were frozen shortly thereafter.

Built by the best Season 2 | April 27th

Tomorrow.

Hot take: Base

It's time to bring ballers to Base Soon 🌶️

Time to see if this is a good post that everyone gets or a terrible post that nobody does Roll the dice

non-USD stablecoins up only on @base 20+ currencies supported with more every week

Thinking about agents