Top-tier headflow staking protocol sudden security incident post-remedy 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. The estimated total interest gap from this event is only between 400 and 600 ETH, and the overall loss does not meet the original trigger condition.

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 a one-time crisis-specific exception and will not permanently alter the long-term safety standards. The total related gap is expected to be fully resolved within 5 to 10 days at the earliest. The community’s limited-time voting period is only 7 days, making the timeline very tight and urgent.

Driven by the overall positive sentiment in DeFi, 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 tokens collectively stabilizing the market atmosphere.

Within the market, extreme polarization persists, with large gaps between gains and losses. Strong tokens 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 declines: ZKJ nearly halved in a single day, plunging 49%; APE dropped over 10%, approaching a deep correction; CHIP also declined by 6.12%; CORE experienced slight downward pressure, with many 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 on the main indices, 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.
ETH1.37%
BTC1.21%
DOGE4.83%
SOL1.08%
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