Lido Fixes stETH Yield Anomaly, Upgrades Oracle, and Confirms User Funds Safe
Lido resolved an stETH yield calculation error caused by a pending validator omission, upgrading its oracle for faster processing while confirming no user funds were at risk.
Woofun AI reports that Ethereum staking protocol Lido confirmed the completion of today's stETH Rebase, compensating for ETH rewards missed due to prior calculation deficiencies with an APR of approximately 2.29%. The protocol's oracle has been updated and audited to enhance report processing speed and facilitate quicker issue identification in future scenarios.
Lido stated that user funds remained secure throughout the incident, with preliminary analysis indicating the anomaly stemmed from a yield report omitting a validator in pending deposit status. A complete post-mortem report detailing the root cause, remediation measures, and improvement plans will be published in the coming days.
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