Lido Protocol Unaffected by Balancer V2 Pool Exploits
Lido Protocol Unaffected by Balancer V2 Pool Exploits
🚨 Balancer exploited, Lido safe
Balancer V2 pools suffered exploits today, but Lido Protocol remains completely unaffected with all user funds secure.
Key actions taken:
- Veda team withdrew Lido GGV's Balancer position as precaution
- All Lido Earn funds confirmed safe (SAFU)
- Venus Protocol set BAL market LTV to 0% on Ethereum
For existing BAL borrowers:
- New borrowing against BAL is paused
- Liquidation threshold stays at 59%
- Monitor positions and consider repaying loans or adding collateral
The withdrawals were precautionary measures despite positions being unaffected by the exploit.
As reported widely today, certain V2 Balancer pools have been exploited. The Lido Protocol remains unaffected, and all user funds are safe. Out of an abundance of caution, the Veda team - curators of Lido GGV - has withdrawn its unaffected Balancer position. All Lido Earn funds
P2P Validator Launches Dual stVault Strategy for Institutions and DeFi Users
**P2P Validator is expanding Ethereum staking** through Lido V3 stVaults with a dual approach targeting different user segments. The validator is launching: - **Dedicated stVaults** for institutions, DAOs, and family offices - **DeFi Vaults** for yield-focused users via Mellow integrations **Key advantages over traditional staking:** - Direct validator attribution and performance transparency - Isolated, auditable vaults per client - Composable DeFi strategies built around stETH liquidity The integration combines institutional control with DeFi composability. Private stVaults offer validator-level transparency with Lido's security, while DeFi Vaults embed into multi-strategy products. **P2P positions itself as one of the first Node Operators** to transform Lido into a full DeFi product suite, creating a programmable staking layer for both conservative and yield-driven strategies. [Read the full case study](https://blog.lido.fi/v3-p2p-expanding-ethereum-staking-flexibility-with-lido-stvaults)
🗳️ Lido governance votes live
Two Snapshot votes are active until November 7: **Token Reward Plan (TRP) Transfer** - Management shifts from TRP Committee to Lido Labs Foundation - Keeps existing 22M LDO budget, no new funding requested - Terms updated for better structure **LEGO Framework Update** - Quarterly budget cut from $500k to $250k - Administrative improvements for efficiency - Reflects actual spending patterns No Aragon votes scheduled this cycle. **Coming Next:** Lido V3 launches onchain in November [Cast your vote](http://snapshot.box/#/s:lido-snapshot.eth)
🔚 Lido SSV Module
**Lido and SSV teams officially end development** of the SSV Lido Module (SSVLM) after thorough review with Clusterform. The **permissionless DVT project** launched in March 2025 aimed to allow any SSV Node Operator to participate in Lido staking through distributed validator technology. **Key developments:** - SSVLM sought to enhance scalability and decentralization - Would have enabled thousands of node operators to join - Offered fault tolerance and lower operational costs **Collaboration continues** between Lido and SSV through: - Rapidly expanding SSV validator adoption - New integration paths via CSMv2 - Ongoing commitment to secure Ethereum staking The teams thank all contributors who helped advance permissionless DVT boundaries over the past year. [Read full details](https://research.lido.fi/t/ssv-lido-module-ssvlm-proposal/9630/10)
Lido Labs Schedules November 11 Tokenholder Update Call
**Lido Labs** is hosting its quarterly Tokenholder Update call on **November 11 at 2pm UTC**. The session will cover: - Protocol developments and progress updates - Strategic outlook and expectations for 2026 - Community Q&A segment **How to participate:** - [Register and add to calendar](http://luma.com/s3t2xoy7) - [Submit questions in advance](https://www.notion.so/29abf633d0c9818b9ca8fdbddd71ecf8) This follows the regular quarterly format, with the [previous Q3 2025 recap](https://blog.lido.fi/recap-lido-q3-2025-tokenholder-update) available for review. The call provides transparency for LDO holders on protocol direction and strategic priorities.