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Lido: Due to an oracle missing deposits, the single-day yield rate was lower than expected; there is no funds risk, so users don’t need to take any action
PANews July 26, Lido posted that it is investigating an issue related to today’s stETH re-pegging benchmark. According to the protocol accounting oracle’s report, today’s re-pegging benchmark annualized return (APR) is 2.04%, not the expected 2.15%. This was not caused by any protocol penalty, and no funds are at risk. It was due to the oracle report failing to include an ongoing validator deposit (32 ETH). Contributors have carefully checked the total balance of Lido validators on the Ethereum consensus layer at the time the oracle report was published (and afterward) and found no signs that any funds are at risk. Users do not need to take any action. The team is currently investigating the root cause. Once the fix takes effect, the next re-pegging benchmark will include the previously undercounted balance.