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With the launch of Lido V3, we are ushering in a new era of customizable, institutional-grade Ethereum staking. stVaults are a new staking primitive designed for segmented, operator-specific, non-custodial ETH staking. Here’s why Ebunker x stVaults is a game-changer for the ecosystem. 👇
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Following recent bridge exploits, Lido contributors are publishing the security principles behind wstETH’s multi-chain strategy, and why @chainlink CCIP was selected as the official cross-chain solution. The analysis covers how Chainlink CCIP delivers strong decentralization, native safeguards, and issuer control as default protocol-level guarantees, which insulates wstETH from a number of attack vectors behind the Kelp / LayerZero exploit. This decision was made last November by the Network Expansion Committee, with CCIP securing wstETH via 16 independent node operators, native rate limiting, and no vendor lock-in over token contracts. Read the full breakdown from Lido contributors:
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In Common With introduces its latest collection, Lido, which includes a collection of glassware—signaling an exciting foray into homewares for the sought-after lighting design studio.
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ETH treasuries need more than staking rewards. They need liquidity, custody access, and operational flexibility. @EntEthAlliance's deployment through the Lido protocol shows how stETH can fit into ETH treasury strategies in practice.
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"so you staked your ETH on the Ethereum blockchain to earn yield?" "yes, Dave" "except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?" "that's correct, Dave" "and Lido gave you a liquid staking receipt token called stETH in return?" "yes, Dave" "and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?" "you are correct, Dave" "and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?" "you got it, Dave" "and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry" "you are 100% correct, dave" jfc.
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🚀 Panel Session Institutional Adoption on Ethereum: Challenges, Gaps, and the Path Forward Featuring: QZ @not_qz, Partner of Ethereum Ecosystem Fund @ethecofund Patrick McCorry @stonecoldpat0, Researcher at Arbitrum Foundation @arbitrum Mo Jalil @motypes, Institutional Privacy Lead at Ethereum Foundation @ethereumfndn Serena Wang @serena_hsk, Head of HSK Eco Labs at HashKey Group @HashKeyGroup Samuel Chong @stakesaurus, Institutional Relations Lead APAC & MENA at Lido Ecosystem Foundation @LidoFinance ⏰ Apr. 22 | 11:30 - 17:30 📍 STAGE 2, HK WEB3 FESTIVAL 🔗Livestream: #AppGathering# #Ethereum# #Web3Festival# #EAG#
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I feel so completely grateful to have been asked to open the Paris @Olympics 2024 this year. I am also humbled to be asked by the Olympics organizing committee to sing such a special French song—a song to honor the French people and their tremendous history of art, music, and theatre. This song was sung by Zizi Jeanmaire, born in Paris a French ballerina, she famously sang “Mon Truc en Plumes” in 1961. The title means “My Thing with Feathers.” And this is not the first time we’ve crossed paths. Zizi starred in Cole Porter’s musical “Anything Goes” which was my first jazz release. Although I am not a French artist, I have always felt a very special connection with French people and singing French music—I wanted nothing more than to create a performance that would warm the heart of France, celebrate French art and music, and on such a momentous occasion remind everyone of one of the most magical cities on earth—Paris. We rented pom poms from Le Lido archive—a real French cabaret theater. We collaborated with Dior to create custom costumes, using naturally molted feathers. I studied French choreography that put a modern twist on a French classic. I rehearsed tirelessly to study a joyful French dance, brushing up on some old skills—I bet you didn’t know I used to dance at a 60’s French party on the lower east side when I was first starting out! I hope you love this performance as much as I do. And to everyone in France, thank you so much for welcoming me to your country to sing in honor of you—it’s a gift I’ll never forget! Congratulations to all the athletes who are competing in this year’s Olympic Games! It is my supreme honor to sing for you and cheer you on!! Watching the Olympic Games always makes me cry! Your talent is unimaginable. Let the games begin!
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