Top-tier headflow staking protocol sudden security emergency remedial major proposal, the official unusually modifies the payout threshold, solely to fully protect all ordinary users' asset safety. On April 29th, the Lido DAO community urgently launched a new emergency voting plan.



Previously, Kelp-related rsETH on-chain incidents caused protocol incidental losses. According to the original fixed rules, only when the overall treasury loss exceeds 1% of the holdings would the collective initial loss protection funds be officially activated for compensation. 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 minor 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 universal safety standards. The overall 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 timing 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, short-term sentiment at its peak; SOL also rose slightly by 1.62%, with the four major top tokens collectively stabilizing the market atmosphere.

Within the market, there remains extreme polarization, with huge gaps between gains and losses. Strong tokens are defying the trend and strengthening independently: 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 fell over 10%, approaching a deep correction; CHIP also declined by 6.12%; CORE experienced slight downward pressure, with some high-position users suffering heavy losses.

The proactive bottom support by top protocols to stabilize the market shows that the community now places great importance on user fund security, but invisible on-chain vulnerabilities still exist everywhere. As the market recovers from the overall rebound, inferior altcoins continue to be eliminated by the market. Following mainstream high-quality staking core tracks and staying away from high-risk, insecure, frequently problematic small tokens, maintaining cautious position control and long-term strategic deployment are essential to avoid the risk of chain-wide unknown black swan events.
ETH-2.99%
BTC-1.36%
DOGE0.09%
SOL-1.88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments