Table of Contents:

· Vulnerability issue was disclosed in July, InfStones voluntarily withdrew from the validator list

· With a market share of 31.87%, Lido previously withdrew from Solana due to "facing losses"

November 23rd, LSD track leader Lido announced on social media that in the past 24 hours, contributors to Lido DAO were informed of a platform vulnerability that would affect the active node operator (InfStones) of Lido on Ethereum. Currently, the vulnerability has been resolved.

Vulnerability issue disclosed in July, InfStones voluntarily withdraws from validator role

More information was disclosed in the investigation file about the vulnerability in Lido.

As early as July 2023, this vulnerability was disclosed by security researchers at dWallet Labs. Specifically, the vulnerability involves the potential root-level access to 25 validation servers, exposing critical information to external attackers who may not be related to Lido Protocol and who may exploit it for profit, including key materials.

And the contributors of Lido DAO have discovered the aforementioned vulnerability, with no indication that any keys have been compromised due to this vulnerability, and it may not affect validators related to the Lido protocol.

However, in order to prevent risks, InfStones voluntarily withdrew from the validator role and rotated to a new key, waiting for DAO voting. All ETH from the withdrawn validator will be returned to the Lido protocol through the withdrawal process, and then re-staked into the available keys in the buffer zone.

Meanwhile, the InfStones team has conducted an on-chain transaction to reset its reviewed validator restrictions to the current active validator count (i.e. preventing any new deposits from being routed to InfStones), especially the current 10,001 validators.

Source: Etherscan

In addition, Lido DAO contributors suggest forum discussions on the follow-up steps related to InfStones validator key rotation. Suggested topics for discussion include "Does the community need any other details or information to fully understand and evaluate the situation?" "Should node operators be kept in the set?" "Should node operators submit new keys, and when should they be allowed to increase their restrictions?"

BlockBeats will continue to follow up on the discussion and resolution of this issue.

Market share reaches 31.87%, Lido previously withdrew from Solana due to "facing losses"

But regarding Lido, there is another piece of news worth noting. November 23rd, according to Dune Analytics data, the total amount of ETH staked on the Ethereum beacon chain reached 28,582,483 ETH, accounting for 23.79% of the total ETH supply.

Among them, the staking share of the liquidity staking protocol Lido has reached 31.87%, more than twice that of Coinbase's staking share. This is also partly due to the recent popularity of Blast.

Source: Dune

(Note: The content contains HTML tags and a hyperlink, which will not be translated and will be returned as is.)According to the latest data, the total value of assets held by the Blast contract address, a Layer 2 network launched by Pacman, the founder of Blur, exceeds $100 million. Of this amount, $80.6666 million worth of ETH has been deposited into the Lido protocol (accounting for over 60%), and $16.849 million has been deposited into the Maker protocol.

Additionally, Lido announced its withdrawal from Solana in October, which to some extent also shifted Lido's focus back to Ethereum. On October 16th, the LSD track leader Lido announced that it would stop accepting new collateral on Solana, and its projects on Solana will gradually come to an end in the coming months. October 16th.

According to a statement released on the official blog of Lido, this decision was made after in-depth discussions on the Lido DAO forum and was approved by Lido token holders after a community vote. According to snapshot data, 92.73% of the members who voted supported the decision to withdraw from Solana.

Related reading: "Team faces losses, unsustainable finances, Lido announces withdrawal from Solana".

BlockBeats will continue to follow the ecological progress of Lido in the future.

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