According to YouTube, the most replayed moment from my Lido Day talk is 0x02 CSM bond 🌚 No wonder: until EIP-8148 arrives, CSM will likely be the most affordable way for home stakers to run 2048 ETH validators. Below, I explain the rationale for the bond design. And a small tip: click ⚙️ → Captions → Auto-translate to watch with subtitles in any language.

Kelp and Aave have successfully completed a series of steps for rsETH backing, including burning the exploiter’s rsETH on Arbitrum. 117,132 rsETH will be progressively refilled from Aave Recovery Guardian and Kelp Recovery Safe into the LayerZero OFT adapter on mainnet over the next two weeks. rsETH on Mainnet and L2s remains fully backed at all times. Kelp will unpause withdrawals, tentatively within 24 hours, after the first tranche to the LayerZero OFT adapter. All rsETH operations - deposits, redemptions, bridging, and claims - will resume as usual after contracts are unpaused. Last week, we completed a security hardening pass across all LayerZero bridging configurations: verification now requires 4 independent attestors, block confirmations have been raised from 42 to 64, and all L2-to-L2 routes have been deprecated. These changes have been audited by BailSec. We are in the process of migrating to CCIP for further strengthened cross-chain bridging. Thanks to the @aave team and our DeFi United partners for being the cornerstone of this recovery.

The EEA has begun deploying a portion of its treasury into Ethereum-native staking infrastructure. As part of this initiative, EEA is engaging with established staking solutions including @LidoFinance’s stETH. More on what this signifies 🧵⬇️

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.

SparkLend is now the largest wstETH holder in the world! SparkLend is the largest and most liquid venue for ETH looping, e-mode enabled for wstETH collateral exclusively. See more here:

Update on Ongoing Kelp Incident - EarnETH first-loss protection coverage below 1% threshold has been approved - stETH transferred to DeFi United relief initiative - Attackers rsETH has been liquidated - EarnETH vault operations to resume as soon as Kelp protocol is unpaused ↓

Institutional: Ebunker stVaults A non-custodial staking solution designed specifically for ETH holders, DAOs, and professional funds providing asset isolation and operational transparency Built by @ebunker_eth

stVaults: The Opportunity Is Now Watch as @KimonSh, Head of Node Operator Mechanisms at Lido Labs, dives into the core of stVaults and why now is a pivotal moment for their adoption within the Lido ecosystem and the broader DeFi landscape.