Lido

Obol Network has introduced the Techne Credential Program, designed to assess and confirm the knowledge of individuals interested in running Distributed Validator Technology (DVT) nodes on the network. Successful completion of the program is expected to increase the chances of being proposed for onboarding to the mainnet Lido Simple DVT, with many credential holders already proposed and more expected after the next testnet.

The StarkNet Foundation has now granted access for pooled stakers, including those staking via Lido, to claim pending STRK tokens. All eligible recipients, based on staking Ethereum (ETH) up until the Merge on September 15th, 2022, can claim their STRK tokens through the provided link. Lido contributors provided the StarkNet Foundation with a list of active stakers, but had no involvement in determining the eligibility criteria set by the Foundation.

Lido DAO has initiated Vote 174 concerning the extension of the GateSeal expiration date for the WithdrawalQueue and ValidatorExitBusOracle contracts until April 1, 2025. The GateSeal enables a temporary pause of these contracts for 6 days to address potential vulnerabilities. The main voting phase is from April 23-25, followed by an objection phase on April 26. The new GateSeal contract has been deployed and audited, with details provided in the report.

On April 23, 2024, the Arbitrum council unanimously approved the application for Lido's Liquid Toll Incentive Program (LTIPP) on the Arbitrum network. The program aims to simplify the staking process for users on Arbitrum. Further details about the implementation and timeline are expected to be announced soon.

Lido, a liquid staking solution, has updated its withdrawal widget to provide precise estimates for withdrawal completion times. This feature aims to help users evaluate whether to withdraw their staked assets via Lido or instantly swap them using supported decentralized exchange (DEX) aggregators. For more information, users can refer to Lido's Withdrawal FAQ.

The Lido DAO has voted to approve the deployment of the Simple Distributed Validator Technology (DVT) module. This module aims to onboard community and solo stakers to diversify and strengthen the base of Node Operators running validators using Lido on Ethereum. The Simple DVT module allows for participation from solo and community stakers, with expectations for 250 net-new Node Operators to use the Lido protocol to run validators. It supports the battle-testing of DVT technology ahead of more scalable, permissionless modules, enhancing validator resilience, infrastructure, and participant decentralization. The onboarding of Obol Network clusters follows an intensive testnet, and a performance report will be presented to the DAO after 30 days. Additionally, the SSV Network testnet is nearing completion, and a proposal for SSV mainnet participants to be onboarded to the Simple DVT Module will follow.

A new integration allows decentralized autonomous organizations (DAOs) to stake their treasury assets directly through their user interface using WalletConnect. This streamlines the process of putting DAO funds to work by enabling staking with just a few clicks, without the need for complex setups or multiple steps.

Lido has released its March updates for the Validator Set. Key developments include a Request for Proposals (RFP) for integrating the Community Staking Module (CSM) and Simple Decentralized Validator Trust Module (SDVTM), a proposal for a Community Staking Fleet, an update on the Community Lifeguard Initiative (CLI), the alpha release of the D.U.C.K. Knowledge Base, activation of InfStones, updates on the Simple DVT Launch, and the release of the CSM Architecture.

Curve Finance has proposed increasing the stETH:ETH pool A Factor from 30 to 200. This change would allow stETH holders to trade millions of dollars worth of stETH with a price impact of only 1-5 basis points. The proposal aims to provide deeper liquidity for stETH and create more opportunities for liquidity providers.

Last week, users faced issues withdrawing stSOL due to a problem with the maintainer bot and changes in Solana's rent exempt terms for staking accounts. The @P2PValidator team has identified a fix and updated the documentation to facilitate smooth withdrawals. Users can reach out on the Lido Discord for any questions or concerns.