Use of the supermajority Execution Layer client (Geth) across validators on Lido has fallen from 93% to 46% since 2022, with considerable progress made in the last three quarters 📉

While most Node Operators had diversification plans in progress, community concerns about supermajority risk in Q4 2023 expedited the migration and public commitments by multiple node operators from the Lido curated set: https://t.co/oGaz2FYnL5

1 million validators

Lido & @SSV_Network are going to mainnet 🎉 The Lido x SSV Simple DVT testnet is over, with aggregate validator performance exceeding all performance benchmarks. http://blog.lido.fi/simpledvt-ssv-testnet-results In the coming weeks, selected participants will be onboarded to mainnet Lido Simple DVT Module using SSV’s technology. Stay tuned!

The Simple DVT Module allows solo and community stakers to run validators using the Lido protocol leveraging DVT-solutions provided by @ObolNetwork and @SSV_Network. Over time, it is expected for the Simple DVT Module to onboard up to 250 net-new Node Operators to the Lido… https://t.co/GB9dQsEqPH

STRK Update: The StarkNet Foundation has now granted access for pooled stakers, including those staking via Lido, to claim pending STRK. All eligible recipients are able to claim their STRK here: http://provisions.starknet.io.

The eligibility requirement for Ethereum stakers to claim STRK is based on staking ETH up until the Merge, on September 15th 2022. Lido contributors have provided the StarkNet Foundation with a complete list of active stakers up to this point, after which the StarkNet Foundation… https://t.co/wcKvi2Ylra

Lido DAO Vote 174 is live 🗳️ Vote 174 concerns changing the GateSeal for the WithdrawalQueue and ValidatorExitBusOracle contracts to extend the expiration date to April 1, 2025. The GateSeal enables a one-time, immediate emergency pause of these contracts for 6 days. 📅 Main Phase: April 23-25 📅 Objection Phase: April 26 Vote here: https://vote.lido.fi/vote/174

🛡️ Importance of GateSeal GateSeal provides Lido with important protective measures enabling the DAO to address potential unforeseen vulnerabilities through temporary pausing of certain contracts. This current vote supports the continuity of this security feature.

The Lido withdrawal widget has been updated to give a precise estimate for withdrawal completion times ⚡ Use this to better evaluate whether to withdraw via Lido or swap instantly using supported DEX aggregators. For more info check the Withdrawal FAQ: https://t.co/9A3PF8tzgN

The Lido Simple DVT Module is here 🌐 72 net-new Node Operators, including solo stakers, powered by @ObolNetwork-based Distributed Validator Technology (DVT), are ready to run validators. Net-new ETH deposits to Lido on Ethereum will be automatically directed by the Staking Router to the Simple DVT Module until the module reaches the limit of depositable validators (or maximum capacity). https://blog.lido.fi/simpledvt-new-phase-for-lido-on-ethereum/ 👇

27% of the ETH supply is now staked

📊 Lido Analytics: April 8 - April 15, 2024 TLDR: - TVL down -9.75% to $29.81b. - 145,184 net ETH unstaked. - 7d stETH APR up to 3.54%. - wstETH on L2 up +1.38% to 156,391 wstETH. - (w)stETH 7d trading volume at $2.47b.

Lido TVL: Lido TVL dropped -9.75% to $29.81b. This decrease was driven by a drop in token prices and reinforced by a general unstaking trend. https://t.co/KUyXY86vuE

📊 Lido Analytics: April 1 - April 8, 2024 TLDR: - TVL down -6.86% to $33.03b. - 159,904 net ETH unstaked. - 7d stETH APR up to 3.29%. - wstETH on L2 down by -1.18% to 154,268 wstETH. - (w)stETH 7d trading volume at $1.49b.

Lido TVL: Lido TVL dropped -6.86% to $33.03b. This decrease was driven by token prices drop combined with unstaking. https://t.co/5Kta2uEcbc

Lido ValSet Updates: March 🛠️ • RFP: CSM and SDVTM Integrations • Proposal: Community Staking Fleet • Community Lifeguard Initiative (CLI) Update • D.U.C.K. Knowledge Base Alpha Release • InfStones Activation • Simple DVT Launch Updates • Community Staking Module (CSM) Architecture Release Check the full update here: https://operatorportal.lido.fi/validator-set-updates-db/march-validator-set-updates

Who did this

Join this Tuesday for the first DAO wide Lido Community Update Call 📢 📆 Time: April 9, 4 PM UTC From Simple DVT to Community Staking Modules, Dual Governance and more, join to discover what's next for the Lido DAO as voted on as part of the GOOSE process. https://youtube.com/live/ysqYC3S2Mj4

GOOSE is a DAO-approved framework for establishing short and medium-term strategic goals for Lido. The approved Lido DAO goals for 2024-2026, and the surrounding discussion, can be read about in more detail here: https://t.co/srkbJNvnaL

Following a @CurveFinance proposal to increase the stETH:ETH pool A Factor from 30 to 200, stETH holders can now trade many millions $ of stETH with a 1-5bps price impact. 200 A Factor 🤝 Deep stETH Liquidity 🤝 More fun for LPs

Proposal for changing the stETH:ETH pool A Factor: https://t.co/J7ot8ZU5FJ

Lido on Solana Withdrawal Update: Last week, users encountered problems with the withdrawal of stSOL after an issue with the maintainer bot and the recent update of rent exempt terms for staking accounts on Solana. Over the last few days the @P2PValidator team has identified a fix which has been made available along with updated the documentation for a smooth withdrawal process: https://docs.solana.lido.fi/manual-withdrawal/cli. Reach out on the Lido Discord in case of any questions or concerns.

📊 Lido Analytics: March 25 - April 1, 2024 TLDR: - TVL up +4.62% to $35.46b. - 1,280 net ETH unstaked. - 7d stETH APR down to 3.21%. - wstETH on L2 up by +5.33% to 156,109 wstETH. - (w)stETH 7d trading volume at $1.94b, up 3.3%.

⚡️ Lido TVL Lido TVL rose +4.62% to reach $35.46b. This growth was driven by ETH:USD price increase despite a net 1,280 ETH unstaked over the past week. https://t.co/fpcHcZipB6