Lido Stakers Earn $20M in Weekly ETH Rewards
Lido Stakers Earn $20M in Weekly ETH Rewards
馃挵 Lido drops $20M
Lido stakers collected 4,647 ETH in rewards last week, worth approximately $20 million.
This represents a slight increase from the previous week's 4,467 ETH payout, though the dollar value dropped from $23.3 million due to ETH price fluctuations.
Key highlights:
- All rewards distributed in staked ETH
- Consistent weekly reward distribution
- Total rewards reflect network staking activity
The steady reward flow demonstrates Ethereum's proof-of-stake mechanism working as designed, providing regular income for network validators.
Stakers with Lido received 4,467 螢 in rewards last week That's $23,340,989 in rewards, in one week, all in ETH
馃強 Lido Poolside Event
**Lido Poolside: Decentralization** event scheduled for **December 11 at 14:00 UTC** Key topics include: - CSMv2 updates - CMv2 landscape overview - Latest developments on GOOSE-3 & EGG initiatives This year-end session focuses on Lido's **decentralization roadmap** progress and strategic updates. [Register here](https://luma.com/62h7rxqy) to secure your spot for this dedicated protocol update.
Lido DAO Votes on Node Operator Fees and Treasury Yield Strategy
**Two key Snapshot votes are live until December 1:** - **Curated Module Fee Adjustment** - Updates Node Operator fees to match current market conditions as an interim measure before Staking Router v3 and Curated Module v2 launch with automated pricing - **Treasury Stablecoin Conversion** - Proposes converting DAO stablecoins into sUSDS or tokenized money-market funds to generate yield on idle treasury assets Both proposals aim to optimize protocol competitiveness and treasury management. **Looking ahead:** Lido V3 expected to deploy onchain in December. [Vote on Snapshot](http://snapshot.box/#/s:lido-snapshot.eth)
Lido DAO Votes on NEST Framework to Enable Future LDO Token Buybacks
**NEST (Network Economic Support Tokenomics)** is now live for voting - a modular system that would enable Lido DAO to repurchase LDO tokens using stETH from its treasury. **Key Details:** - First practical version expected **December 2025** - Built as extension of STONKS smart contracts for secure treasury swaps - Automatically routes purchased LDO back to Lido DAO Treasury - This proposal only covers development of technical infrastructure **Important Note:** This is **not a buyback proposal** itself - it only builds the technical foundation. Actual buyback activation would require a separate onchain vote. **Next Steps:** If approved, detailed research and design work begins. Core contributors plan to initiate broader buyback mechanism discussions on the forum shortly after. [Cast your vote here](https://snapshot.box/#/s:lido-snapshot.eth/proposal/0x4267fe277e52a3550e82286af96948a258392ddd303df6b479c4d8f4664acdd0)
Lido GGV Reaches $50M TVL Milestone
**Lido's GGV protocol has crossed $50 million in Total Value Locked (TVL)** just two days after its recent milestone. This achievement comes months after Lido hit an all-time high of **$41 billion in TVL** back in August, demonstrating continued growth in the staking ecosystem. The rapid TVL accumulation in GGV shows strong adoption of Lido's expanded staking services beyond their core Ethereum offering.