Top-tier headflow staking protocol sudden security incident follow-up remedial major proposal, the official unusually adjusts the compensation threshold solely to fully protect all ordinary users' assets. On April 29th, the Lido DAO community urgently launched a new emergency voting plan.



Previously, the Kelp-related rsETH on-chain incident caused the protocol to incur losses, and according to the original fixed rules, compensation would only be triggered if the overall treasury loss exceeded 1% of the holdings, activating collective loss protection funds. The estimated total interest gap for this incident is only between 400 and 600 ETH, and the overall loss does not meet the original trigger conditions.

To prevent participating users from bearing the sole burden of unexpected losses and to stabilize the reputation of the entire sector, the community urgently proposed a temporary exception to relax risk control red lines, covering all small losses within the 1% threshold with a one-time special guarantee. The official also emphasized that this is only a one-time crisis-specific exception and will not permanently alter the long-term general safety standards. The total related gap is expected to be fully resolved within 5 to 10 days at the fastest. The community’s limited-time voting period is only 7 days, making the timeline very tight and urgent.

Driven by the overall resurgence of DeFi sentiment, the main market indices collectively rebounded. BTC rose by 1.42%, steadily gaining momentum; ETH surged by 2.13%, leading the rally strongly; DOGE skyrocketed by 4.95% in a single day, boosting short-term sentiment; SOL also rose slightly by 1.62%, with the four major top coins collectively stabilizing the market atmosphere.

Within the market, extreme polarization persists, with large gaps between gains and losses. Strong coins are rallying against the trend: BASED surged by 4.70%, forming an independent rebound pattern, continuing to strengthen despite on-chain negative news.

On the other hand, many weak altcoins suffered panic sell-offs and collective crashes: ZKJ nearly halved in a single day, plummeting 49%; APE dropped over 10%, approaching a deep correction; CHIP declined by 6.12% in tandem; CORE experienced slight downward pressure, with many high-position users suffering heavy losses.

The proactive bottom support and stabilization efforts by top protocols demonstrate that the community now places great importance on user fund security, but invisible on-chain vulnerabilities still exist everywhere. As the market recovers, inferior altcoins continue to be eliminated. Following mainstream high-quality staking core tracks, avoiding high-risk small coins with no safety guarantees and frequent incidents, maintaining cautious long-term positions, is the only way to avoid the chain of unknown black swan risks on derivatives contracts over the long term.
ETH-1.24%
BTC-0.41%
DOGE4.25%
SOL-0.7%
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