Lido Fixes stETH Yield Calculation Issue After Oracle Upgrade

Lido Identifies Oracle Underreporting Behind Lower stETH Rebase, Confirms No Funds At Risk

Liquid staking protocol Lido has disclosed an anomaly in its daily stETH rebase that resulted in a lower-than-expected annual percentage rate (APR) for token holders. On the day in question, the protocol’s accounting oracle reported a daily rebase APR of 2.04%, falling short of the anticipated 2.15%. Lido contributors confirmed that the discrepancy stemmed from a single in-flight validator deposit of 32 ETH that was inadvertently omitted from th…

Lido Fixes stETH Yield Calculation Issue After Oracle Upgrade

The update stems from a security disclosure published on Lido's research forum , which described a minor underreporting of the protocol's total consensus-layer-side balances in an accounting oracle report.Read more...

Lido completes stETH rebase, updates oracle to improve reporting

Lido's swift oracle update enhances reporting accuracy, reinforcing trust in decentralized finance systems and ensuring robust staking yields. The post Lido completes stETH rebase, updates oracle to improve reporting appeared first on Crypto Briefing.