gusakov.eth | Lido
@d_gusakov
Hot Topic's favorite blockchain dev | @ethereum Home Staker | Opinions and posts are my own | Head of Engineering at @LidoFinance Staking
2.1K Following 2.7K Followers
My good friend @A_Leutenegger always says that access control is the main reason for DeFi hacks. In @LidoFinance we agree with that. This is why we have developed “Execution Delegation Framework”, a tool that meaningfully improves the way your protocol interacts with off-chain actors holding important permissions.
The key idea is simple:
- Hot key is only for execution.
- Hot key is easily disposable and replaceable by the Owner.
- Owner is super secure but used only for hot wallet management.
So you have a hot wallet that you can rotate any moment, and owner that is immutable and very secure. This combination gives you a unique set of properties: governance less routine hot key management, easy access to the hot wallet, top level security control over the permission holder via the owner.
Read more about the basic version of EDF -
or dive deeper to learn about Lido-specific implementation that is getting added to the Lido protocol as you read it -
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The click-bait doomer posting of "DeFi" being too dangerous yesterday by the founder of one of the biggest security projects in Ethereum is unquestionably the bottom.
83% of exploits are fixable by following best practises on access-control and opsec.
In about 6 months from now there will be standards and hard requirements for projects to validate they are following these best practises to be integrated anywhere.
The fastest projects to do this will get a leg-up on finding institutional liquidity.
Long-term, real DeFi will prevail over CeFi masquerading as DeFi both due to stronger risk assumptions, better margins, and regulatory clearance.
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Lido loves Ethereum
Lido is built for Ethereum
🐳🏗️💧
we like Ethereum
so we build for Ethereum
🏗️
What cool thing you want to see in @LidoFinance?
Except for LDO buybacks for sure.
Bitwise is delighted to have worked alongside Lido to carry out the first validator consolidation on Lido Core.
Bitwise is proud to be a node operator in Curated Module v2 and to play a part in Lido’s work toward a healthier Ethereum network.
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The first validator consolidation on Lido Core has successfully landed 🎉
This marks the beginning of migrating ~8.4M staked ETH from the legacy Curated Module to the new CMv2.
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I like Ethereum
I like solana
Very important milestone on the road to faster finality and a healthier Ethereum network!
It took a lot of work on the Lido side to get there too, kudos to their team!
The first validator consolidation on Lido Core has successfully landed 🎉
This marks the beginning of migrating ~8.4M staked ETH from the legacy Curated Module to the new CMv2.
Show more
Just a reminder that @LidoFinance has been supporting client teams for ages
Dropping our ranking of consensus-layer EIPs proposed for inclusion in Hegotá
FOCIL is our top priority, alongside proposals that help scale Ethereum
Read more from our very own @terencechain 👇
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Things that could help shorter slots:
Tomorrow is the big day! 🤩
We’ve put so much care into ETHSpain2026 to bring you an unforgettable experience. Take a look at a slice of the exclusive merch waiting for you! 👀
Can't wait to see you there, don't miss it!
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Incredible initiative for making @ethereum block building more efficient
I couldn't be more happy to say this but...
Tomorrow. ETHSpain. See you all.
Let's go! 😎
Just a reminder that @LidoFinance has been supporting client teams for ages
I know that many CSM operators were waiting for 0x02 CSM. The time has come to give it a proper test and go straight to mainnet!
You all know, but 0x02 CSM gives you up to x2.26 more staking APR on your bond and allows to run just a few validators instead of dozens in regular CSM. 🤗
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CSM by @LidoFinance has casually surpassed 800k ethereum:native staked. Each ETH is staked with permissionless operators and home stakers!
It finally happened! @LidoFinance is the only LST with all green checkmarks at
for anyone that wants to join the network, it's very simple by running @lodestar_eth using our `chainsafe/lodestar:next` image with the `--network plataberget` flag 🐻❄️
The new Curated Module v2 by @LidoFinance has enough deposited keys to accept all stake from the legacy Curated Module via @ethereum consolidations!
This September, the largest consolidation move will begin 🫡
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Did EIP-8363 nudge the Overton window toward issuance reduction?
Or did it harden the opposition into a permanent no, making any future change harder to pass?
