
Lido Is Consolidating a Third of Ethereum's Validators Into CMv2
The $16.5 billion migration moves 8 million ether onto 0x02 validators and puts locked ETH bonds behind Lido's 34 curated operators for the first time in the protocol's history.
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The $16.5 billion migration moves 8 million ether onto 0x02 validators and puts locked ETH bonds behind Lido's 34 curated operators for the first time in the protocol's history.

A coordinated industry rescue has raised $160 million to cover Aave's bad debt from the KelpDAO exploit, with total pledges exceeding $300 million after Consensys committed 30,000 ETH on Sunday.

Lido DAO transferred the first $1.81 million tranche of its $20 million LDO buyback programme on Wednesday, routing tokens through centralised exchanges in a bid to retire up to 8 per cent of the circulating supply at historically depressed prices.

Ethereum's proof-of-stake participation rate passed 30 percent of circulating supply this week, with roughly 37 million ETH now committed to validators and the cost of attacking the network pushed beyond $120 billion in collateral alone.

Lido launches institutional-grade staking vaults during 2025, targeting large capital providers with customized Ethereum staking and restaking solutions.