EM
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EM
@e330acid
P057-CRyP704n4rcHY Building with @LidoFinance | Tweets are NFA | DYOR



A proposal for the Lido DAO to temporarily lower the threshold for first-loss coverage protection for the EarnETH vault is live on the Lido Research Forum. research.lido.fi/t/authorise-lo… In its current state, Lido EarnETH protection is only triggered when vault losses exceed 1% of vault holdings. Lido Contributors anticipate that losses may be less than 1% of holdings, if rsETH shortfalls are settled through DeFi United. In the interest of making EarnETH users whole, the proposal suggests a one-time lower limit for EarnETH users.


Staking Rewards launched a comprehensive DeFi ratings framework, and stETH earned the highest rating of all rated products: A+ A deep audit history, a 2M USD Immunefi bug bounty, and features like Dual Governance all contribute to making Lido the most resilient DeFi protocol.



Current ETH inflation is 0.8% per annum. If you are ready to disturb a whole industry, have investors mark you down in the "unpredictable" category because the product you build doesn't have enough organic demand to sustain a <1% inflation. Maybe the issue is with the product's demand, and no amount of tweaks and belly dancing on the infra will steer the boat.

Attention Aftermath community - We’ve identified an exploit affecting the protocol. Our team is actively investigating alongside leading security partners. As a precaution, the protocol has been paused and measures are being taken to minimize potential impact to user funds. We’ll continue to share updates as we learn more. Thank you for your patience.

A proposal for the Lido DAO to temporarily lower the threshold for first-loss coverage protection for the EarnETH vault is live on the Lido Research Forum. research.lido.fi/t/authorise-lo… In its current state, Lido EarnETH protection is only triggered when vault losses exceed 1% of vault holdings. Lido Contributors anticipate that losses may be less than 1% of holdings, if rsETH shortfalls are settled through DeFi United. In the interest of making EarnETH users whole, the proposal suggests a one-time lower limit for EarnETH users.



The final 100 ETHSecurity Badge holders are in! That brings us to 200 security experts, guiding how TheDAO allocates its funds and also coordinating behind the scenes to make Ethereum safer. Big thanks to everyone who engaged with the process and helped shape it, and to @bonfiresai for building the tooling that made it possible.

0/ Today, the Ethereum Foundation completed a bilateral swap of ~21,269 aWETH to wstETH, coordinated with @LidoFinance and @mellowprotocol as part of their ongoing deleveraging work.



Slightly late update: with vote 199 enacted, Lido core contracts have been upgraded to v3.0.2! Shipping upgrades, tightening security! 🚢 Kudos to @folkyatina & @AlexanderDrygin for the fixes, and @MixBytes, @Certora & @tomer_ganor for the review! 🛡️💪



