Lido

Lido unveils a simplified, fur-inspired logo refresh coinciding with their modular architecture transition. The rebranding emphasizes alignment with user-friendly staking solutions. - **UNI Liquidity Incentives**: Program officially launches after months of preparation - **Modular Architecture**: Lido implements new technical framework for improved scalability - **Brand Evolution**: New fuzzy logo represents accessibility and warmth in DeFi The changes come as Uniswap deploys Unichain, marking significant infrastructure upgrades for both protocols. These developments signal maturation in DeFi's user experience and technical capabilities.

Uniswap is launching a major liquidity incentive program starting April 15, 2025. The **3-month campaign**, managed by Gauntlet, aims to boost liquidity across Unichain. Key details: - Focuses on 12 key pools including wstETH/ETH - Millions in $UNI rewards available - Rewards claimable through Merkl platform This follows previous successful incentive rounds on multiple networks: - Mainnet pools received wstETH rewards - Optimism pools earned OP tokens - Arbitrum pools distributed ARB tokens [View rewards and participate via Merkl](http://merkl.angle.money)

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.

**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%

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.

A governance proposal to integrate Lido's wstETH into Aave V3 on BNB Chain is currently open for voting. This follows recent successful integrations including Renzo Protocol's ezETH on the Aave v3 Lido Instance. Key Points: - Proposal aims to expand liquid staking options on BNB Chain - Follows trend of increasing cross-chain staking integrations - Community participation crucial for protocol development Voting is now live on the Aave governance portal.

Lido is upgrading to bring rebasable stETH to Optimism, enhancing direct daily staking rewards for users. Key points: - wstETH deposits from Ethereum to Optimism paused from October 7th to ~14th - Upgrade timeline: • Oct 7: Pause bridge deposits • Oct 8-10: Voting phase • Oct 11: Execute upgrades if passed • Oct 12: First post-upgrade report • Oct 14: New UI availability This upgrade is part of LIP-22, introduced in March, aiming to improve L2 bridging experiences. Users should note the temporary pause in deposits and stay tuned for further announcements. For more information, check the stETH on Optimism Action Plan and LIP-22 documentation.

The Lido Scorecard has been updated, tracking Lido DAO's progress towards decentralization. Key highlights include: - Validator Set decentralization: No operator holds more than 1% of total stake - Improved geographical distribution: Added operators in Asia and South America - Infrastructure improvements: Reduced reliance on public cloud services - Community Staking Module: Launched on testnet with 200+ new node operators Upcoming plans: - On-chain delegation vote in August - CSM mainnet vote by end of 2024 - Dual governance deployment vote in Q4 2024 Lido remains committed to trustless and governance-minimized liquid staking.

On May 15th, 2024, Lido DAO announced potential updates to its objectives. These include reGOOSING GOOSE, which refers to adjustments to the GOOSE token mechanism, restaking ETH to enhance staking efficiency, and the Lido Alliance, a collaborative effort with other entities. The proposed changes aim to optimize Lido's operations and strengthen its position within the Ethereum ecosystem.

Lido, a liquid staking solution for Ethereum, has experienced a substantial increase in the number of node operators running its service. As of May 6, 2024, Lido now has 109 node operators, a significant jump from the previous count of 37 operators before the SimpleDVT upgrade. This growth highlights the increasing adoption and decentralization of Lido's staking platform.