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The Lido community voted to approve the proposal to create a Lido Contributor Alliance Working Group

Snapshot page displays that the Lido community has voted in favor of the proposal to "Create the Lido Contributors Alliance Working Group". According to the proposal, the Lido Alliance is a framework for the Lido DAO to provide support and recognition for the protocol, focusing on smart contract and product security, and unreservedly committing to decentralized Ethereum validation. It relies on the yet-to-be-established Lido DAO governance process to identify and recognize projects that share its values and mission and can actively contribute to the stETH ecosystem.

Cointime April 27th News Express

1. ETH falls below $3,100

Lido: SSV Simple DVT testnet has ended, selected participants will join the mainnet Simple DVT module

Lido announced the end of the SSV Simple DVT testnet on the X platform and will soon launch the mainnet. In the next few weeks, selected participants will use SSV technology to join the Lido Simple DVT module on the mainnet.

Data: Lido has paid more than 500,000 ETH in Ethereum staking rewards

On March 23rd, Lido's total Ethereum staking amount is nearly 9.8 million coins, which is 9,790,861 ETH or about $32.6 billion at the time of writing. Over 500,000 ETH, or about $1.67 billion, has been paid out in Ethereum staking rewards. The current Ethereum staking APR is 3.4%.

Lido: A network expansion working group has been established, and wstETH will be deployed to more L2 in the next few months

Lido released the Dencun Layer 2 roadmap. Over the past two years, the existence of wstETH has expanded to cover seven L2 networks: Arbitrum, Optimism, Polygon, Base, Linea, zkSync, and Mantle. As of writing this article, over 140,000 wstETH have been bridged to Ethereum L2. A dedicated network expansion working group has been established to facilitate the expansion of wstETH on L2 networks. In addition, the plan will also develop bridging guides for networks and DAOs interested in bridging Lido's wstETH on Ethereum L2 networks. Over the next few months, the plan will expand the availability of Lido's wstETH to more L2 networks, and the Lido research forum is discussing proposals for deploying and recognizing wstETH on new and well-known L2 networks.

Lido platform token pledge scale exceeds US$40 billion

According to official data, the scale of token collateral on the Lido platform has exceeded 40 billion US dollars, reaching 40,025,464,720 US dollars. The total value of token rewards paid has exceeded 2 billion US dollars, currently at 2,021,138,847 US dollars, and the total number of platform collateralizers is 382,297.

Lido TVL exceeds US$35.6 billion, reaching record high

Lido, a liquidity collateral platform, announced that its total value locked (TVL) has surged by 12.10% to reach a new all-time high of $35.69 billion. Over the past seven days, more than 38,336 ETH have been staked through Lido on the Ethereum blockchain. The (w)stETH amount in the stETH liquidity pool in DeFi has decreased by 5.76% to 101,900 stETH. Meanwhile, the number of stETH in the lending pool has increased by 1.80% to reach 3.13 million stETH.

The total amount of ETH pledged on the Lido platform exceeded 9.85 million, with a value exceeding US$33.7 billion.

The total amount of ETH collateralized on the liquidity collateral platform Lido has reached 9,851,521 ETH, equivalent to approximately 33,735,079,612 US dollars. In addition, as of now, Lido has paid out a total of 495,357 ETH in collateral rewards, equivalent to approximately 1,696,278,121 US dollars.

Lido TVL exceeds US$30 billion, reaching record high

According to DefiLlama data on February 26th, Lido TVL reached a historical high of 30.66 billion US dollars. In addition, according to Dune data, the current Ethereum staking rate is 25.85%, with Lido's market share reaching 31.4%.

Lido: Goerli testnet will no longer be supported after February 29th

Lido officially stated on X platform that after February 29th, Lido will no longer support the Goerli testnet, and all future testnet activities will be transferred to Holesky.