Latest Tech Developments from Lido Contributors
Latest Tech Developments from Lido Contributors
This month, Lido contributors have made several tech developments including Lido's integration with Base, the beta launch of Lido SDK, Holesky's testnet release, a trustless Oracle setup with ZK, and updates to the token integration guide.
From L2 integrations to SDK beta launches, let’s dive into the latest tech developments from Lido contributors this month 🖥️ Overview: - Lido on Base - Lido SDK Beta Launch - Holesky Testnet Release - Trustless Oracle Setup with ZK - Token Integration Guide Updates
Uniswap Announces New wstETH/ETH Pool Incentives on Unichain
Uniswap is launching new $UNI reward incentives for the wstETH/ETH pool on Unichain, starting April 15. The Gauntlet-led campaign will: - Run for 3 months - Distribute millions in incentives - Cover 12 key liquidity pools - Be accessible through Merkl This follows previous successful incentive programs across Mainnet, Optimism, and Arbitrum networks that distributed wstETH, OP, and ARB tokens to liquidity providers. *All rewards can be claimed via [Merkl](http://merkl.angle.money)*
Lido Staking Protocol Faces Technical Issues
Lido, a major Ethereum staking protocol, experienced technical difficulties today affecting its staking operations. The protocol's validators encountered synchronization problems, causing temporary delays in rewards distribution. - Issue identified at 14:00 UTC - No user funds were at risk - Technical team implemented fixes within 2 hours - Normal operations resumed by 16:30 UTC The incident highlights the importance of robust monitoring systems in DeFi protocols. Lido's quick response demonstrated their operational resilience. *Users can check their staking status on [Lido's dashboard](https://stake.lido.fi)*
Lido Announces Permissionless Module Launch
Lido Finance is expanding its staking capabilities with a new permissionless module. This development marks a significant step towards democratizing Ethereum staking. - The module will enable home staking without requiring permission - Implementation expected in early 2025 - Aims to make staking more accessible to individual validators This update aligns with Lido's mission to simplify staking processes while maintaining decentralization. Users interested in becoming validators should monitor Lido's official channels for launch details.
Lido Analytics Weekly Report: December 2-9, 2024
**Key Metrics:** - TVL increased 8.21% to $39.46b, driven by token price growth - 14,880 net ETH staked via Lido protocol - stETH 7-day APR rose to 3.03% (+15 basis points) - (w)stETH trading volume up 61.27% to $2.38b **DeFi Activity:** - Collateral markets: 3.06m stETH (+2.87%) - Liquidity pools: 95.2k stETH (+16.14%) - Restaking: 1.55m stETH (+3.51%) **Multichain Status:** Total bridged wstETH at 178,848 (-0.21%) Notable changes: - BNB: +302.98% - zkSync: -30.68% - Starknet: -22.88%
One Month of Community Staking Module (CSM): Performance Review
After one month on mainnet, Lido's Community Staking Module (CSM) shows promising results: - 214 new permissionless operators onboarded - 80% growth in total operators (265 to 479) - 0.4% of Lido's TVL now managed by CSM operators **Performance Metrics:** - 99.2% of validators met performance threshold - 99.4% attestation inclusion rate - Only 2.2% operators missed rewards distribution Currently in Early Adoption mode with 1.5 ETH bond requirement for first validators. Full permissionless mode planned for coming months. Second round of CS grants launched to support tooling development.