The July edition of the Lido Monthly Report is here 🏝️ This report covers Lido protocol growth, achievements, integrations and more. Let's delve into the details 👇 - In terms of protocol performance, Lido experienced a 6.14% increase in staked ETH and welcomed over 10,000 new stakers, reflecting exciting growth. Total protocol TVL grew by 1.91% to $14.63b. - The Lido DAO Treasury continues to see an increase in its stETH holdings following the June decision to convert Treasury ETH holdings to stETH. Lido treasury stETH is up 4.04%, to 34,415 stETH. - stETH metrics show increases in both new holders and deposits within DeFi lending protocols. Of note, the number of unique stETH addresses is up 9.26% whilst wstETH on L2s grew by 12.83% during July. - Launchnodes + SenseiNodes are onboarded to Lido on Ethereums node operator set. - Many more exciting things! Full thread: https://twitter.com/LidoFinance/status/1688475398818934784

Announcement: Lido DAO's Ethereum Node Operator Onboarding 🚀 Presenting Wave 5 onboarding results and an introduction to the two new Node Operators 🧵 https://twitter.com/LidoFinance/status/1687499682245681153

In case you missed it, check out this presentation of Lido’s coming dual governance model by Lido DAO contributor, Sacha! https://twitter.com/LidoFinance/status/1686823743828488192

📈 Lido Analytics: July 24 - July 31, 2023 - TVL up due to new ETH & SOL deposits - now $14.94b. - Lido 1st in net new ETH staking deposits (7d: 116.9k ETH). - Curve ETH/stETH LP reserves see outflow - now 107,107 ETH / 109,208 stETH (≈-24%). - stETH/ETH rate stable at 0.9993. https://twitter.com/LidoFinance/status/1686285605653659648

Well wishes to the Curve community after a long weekend. As a reminder: The stETH pool was unaffected by the Vyper exploit and LPs are safe. The pool state is not an issue for the protocol since anyone can withdraw at any time using the in-protocol Lido withdrawal mechanism. https://twitter.com/LidoFinance/status/1685979526247911424

21% of the ETH supply is now staked 📈🥳 https://t.co/XcDKC7en5q

We’re live with Mantle DAO! https://twitter.com/LidoFinance/status/1684911598010302464

Hey guys, OKX will host an AMA with Lido regarding stETH listing in 20 min in their official TG channel (OKXOfficial_English). Don't miss it if you are interested.

Lido Governance Recap ⚖️ Lido forum discussions has been thriving over the past 2 weeks resulting in a number of proposals + one active Snapshot vote. See the full recap below 👇 https://twitter.com/LidoFinance/status/1684167756881559552

https://twitter.com/LidoFinance/status/1683883141419896832

30 minutes till Node Operator Community Call #8⏱️ Full agenda below - follow along on Youtube or Twitter! https://twitter.com/LidoFinance/status/1683411881665462273

📈 Lido Analytics: July 17 - July 24, 2023 TLDR: - TVL fell -1.08% due to price volatility and MATIC + SOL staking deposits decrease. - APR increased slightly to 4.01%. - Lido was 2nd in new Ethereum deposits with 65.9k ETH. - (w)stETH deposited to DeFi pools decreased by 0.98%. https://twitter.com/LidoFinance/status/1683796398330740737

The 8th Lido Node Operator Community Call is coming up ☎️ Tuesday July 25th, 17pm UTC. Agenda: - Update on 'LoE Wave 5 Onboarding'. - Sasha & Max present permissionless bond analysis. - Nethermind presentation. - Justin Drake presents MEV Burn. https://twitter.com/LidoFinance/status/1683411881665462273

📈 Lido Analytics: July 10 - July 17, 2023 TLDR: - TVL hit $15.08b (7d: +5.09%) thanks to price rally + inflow of ETH staking deposits. - #1 in net new 7d ETH staking deposits with 135.9k ETH. - Deposits to DeFi pools hit 3.03m (w)stETH (7d: +0.78%) - 39.12% of stETH supply. https://twitter.com/LidoFinance/status/1681009106943918084

Lido Governance Recap ⚖️ While the past 2 weeks saw no Snapshot or Aragon votes, Lido DAO members have been exploring many potential advancements on the Lido forum. Share your ideas and join in on the discussions on proposals - everyone's welcome 🏝️ https://twitter.com/LidoFinance/status/1679150506260983808

📈 Lido Analytics: July 3 - July 10, 2023 TLDR: - TVL decreased by 2.77%, to $14.35b. - Lido was #1 in net new Ethereum staking deposits with 72.5k ETH. - wstETH in lending pools up by 1.56% to 2.71m stETH. - DEX liquidity reserves shrank by 13.4%, closing the week at $463.49m. https://twitter.com/LidoFinance/status/1678680946449448960

The Lido Monthly Report is coming back! Get ready for a comprehensive roundup of Lido DAO's growth, achievements and collaborations. This is just the beginning of our monthly updates, so stay tuned for more. https://twitter.com/LidoFinance/status/1677332769851035649

The 2nd round of testing Obol Network based distributed validators (DVs) through the Lido Node Operator registry on Goerli was a success, with 42 new NOs taking part ✅ https://twitter.com/LidoFinance/status/1677316402359726083

📈 Lido Analytics: June 26 - July 3, 2023 TLDR: - Lido TVL grew by 3.84%, ending the week at $14.75b. - Lido led in net new deposits to Ethereum Beacon Chain - total 7d value of 132.8k ETH. - The Aave V3 wstETH pool grew rapidly (+9.65%), hitting 347.3k wstETH. https://twitter.com/LidoFinance/status/1675964469187424264

Calling MATIC holders: Lido's stMATIC is now available on Coinbase Wallet 📣 Discover why Lido is the ultimate choice for MATIC staking and get started on Coinbase Wallet today. https://twitter.com/LidoFinance/status/1674865087247425536

Just under 5 hours left for LDO holders to vote ⌛️ 3 exciting proposals up for review - stop by below and put your LDO tokens to work. https://twitter.com/LidoFinance/status/1674423329791561731

Exciting news ⚡️ Lido & Pyth Network collab to bring real-time, permissionless stETH price feeds to 20+ blockchains. This collaboration boosts accessibility & liquidity for stETH-backed products, igniting DeFi innovation & attracting users seeking exposure to stETH. https://twitter.com/LidoFinance/status/1674408387747151872

Weekly Governance Recap ⚖️ From the Research Forum to Snapshot and Aragon, this thread will summarise the most important proposals at each step of Lido’s governance process. 👇 https://twitter.com/LidoFinance/status/1674040701502251008

📈 Lido Analytics: June 19 - June 26, 2023 TLDR: - TVL up 12.72% closing the week at $14.2b. - Lido leads in net new deposits to Ethereum Beacon Chain, with 7d value of 150.3k ETH. - wstETH LPs continue growth: Aave V2 stETH +3.73% & V3 wstETH +5.66%, Maker wstETH-A +13.79%. https://twitter.com/LidoFinance/status/1673444983997693953

New Lido DAO Snapshots are live - time to vote ⚡️ 1. LEGO grant to Launchnodes for Lido Impact Staking initiative 2. Align Lido’s Vibe (Purpose, Mission, Vision) 3. Tiered Rewards Share Program: A Sustainable Approach to stETH Growth https://twitter.com/LidoFinance/status/1672179776734330880

📈 Lido Analytics: June 12 - June 19, 2023 TLDR: - Lido TVL fell 0.78% as a result of decreasing token prices, ending the week at $12.6b. - Lido led in net new deposits to Ethereum Beacon Chain, with a total 7d value of 77.3k ETH. - wstETH on L2 surpassed 100,000 wstETH 🎉 https://twitter.com/LidoFinance/status/1670772224192643072

📈 Lido Analytics: June 5 - 12, 2023 TLDR: - TVL fell 6.16% due to sharp token price drop, closing the week at $12.7b. - Lido led in net deposits to Beacon Chain with 112.5k ETH. - stETH/ETH remained stable despite market turbulence. - Lido on L2 grew by +5.58% to 97,704 wstETH. https://twitter.com/LidoFinance/status/1668365479046443009

📈 Lido Analytics: May 29 - June 05, 2023 TLDR: - Lido TVL jumped up 7.24%, ending the week at $13.54b. - Staking deposits on Ethereum exceeded 7m ETH total. - wstETH on L2 jumped +11.71% to 92.5k. - wstETH hit supply caps for @AaveAave pools on Arbitrum and Polygon. https://twitter.com/LidoFinance/status/1665842166805979137

Join tomorrow for the 7th Node Operator Community Call at 17 UTC! - Lido V2: how are exits going? - Lido on Ethereum: Wave 6 onboarding - VaNOM update - Rated: Solo staker analysis - Late proposals troubleshooting Watch live on Youtube & Twitter 🏝️ https://twitter.com/LidoFinance/status/1665828838159405059

Staking Tip #2 💡 Skip the withdrawal queues and swap your stETH to ETH in minutes using DeFi aggregators. • Instant stETH/ETH swaps • No withdrawal queue • Near 1:1 rate https://twitter.com/LidoFinance/status/1665352943745261569

Lido is not affiliated with Lybra Finance regardless of what their branding may suggest. The growing liquid staking DeFi environment is exciting but please remain cautious and do your due diligence when interacting with new protocols. https://twitter.com/LidoFinance/status/1664281456020189186

📈 Lido Analytics: May 22 - May 29, 2023 TLDR: - TVL jumped up 11.24%, to $13.23b. - Lido captured 43.6% of new Ethereum staking deposits over the last week - total value of 321.2k ETH. - Weekly net deposit growth for Lido - 320.9k ETH - second to none. https://twitter.com/LidoFinance/status/1663546095950245896

Lido’s wstETH is now Silo'd on Arbitrum! https://twitter.com/SiloFinance/status/1661024331433152513

📈 Lido Analytics: May 15 - May 22, 2023 TLDR: - TVL down 1.95%, to $11.89b. - Lido upgraded to V2, finalising 453.8k ETH withdrawals without exiting a validator. - Lido took in 22.7% of total Ethereum staking deposits, with 214.6k ETH. - wstETH on L2 up +15.92% to 81.2k wstETH. https://twitter.com/LidoFinance/status/1660760238209880064

📊 Q1 2023 update of Lido's Ethereum VaNOM is out! Clarity has been added on stake distribution across the node operator set, in both absolute and relative terms. More info below 👇 https://twitter.com/LidoFinance/status/1659640229265809415

We're going live in 5 minutes to discuss all things Lido V2 + withdrawals. Hope to see you there 🏝️ https://twitter.com/LidoFinance/status/1658860899187212290

Join us tomorrow at 13.30 UTC for a Lido V2 celebration 🎉 - How did the Lido V2 launch go down? - Are withdrawals working as intended? - What's next for Lido? Save the date and come chat all things V2 🏝️ https://twitter.com/LidoFinance/status/1658860899187212290

📈 Lido Analytics: May 8 - May 15, 2023 TLDR: - TVL is up 2.40% ending the week at $12.36b. - 18.7% of last week’s ETH staking deposits came to Lido (total value of 183.3k ETH). - Lido on Polygon grew 34.56% thanks to a large inflow of new deposits (32.1m MATIC). https://twitter.com/LidoFinance/status/1658370870794919938

Following a successful on-chain vote, Lido V2 is officially here. https://t.co/36EmuagToD 🏝️

The objection phase of the vote is over and the Lido V2 vote has been enacted 🎉 Final checks are taking place now - stay tuned. https://twitter.com/LidoFinance/status/1658132605403799552

Please be aware of phishing scams. If your wallet has recently received an NFT proclaiming that you have won free tokens, please do not interact with it or their website - it will steal your funds! There is no ongoing Lido NFT giveaway!

That is V2 launch onchain vote. The "main phase" would be up for the next 48h — please, make sure to vote. The V2 unlocks withdrawals in Lido on Ethereum & switches the Staking Router modular architecture. For checking up the vote scripts refer to https://docs.lido.fi/guides/verify-lido-v2-upgrade-manual guide Looking forward to the new chapter of Lido on Ethereum — it's up for you, the token holders!

The Lido DAO Aragon vote for the Lido protocol V2 upgrade is expected to go live May 12, c.14:00 UTC. If you have the technical ability, please check for yourself that the proposed initial parameters make sense to you and match the contracts in question. https://twitter.com/LidoFinance/status/1656685803253252098

A Lido V2 Audit Update: Security is a top priority. To this end Lido DAO dedicated significant effort to 9 independent V2 audits. These audits have uncovered important findings, all of which have been either acknowledged or fixed. 🧵 https://twitter.com/LidoFinance/status/1656364919246188565

📈 Lido Analytics: May 2 - May 8, 2023 TLDR: - TVL up 4.41% closing the week at $12.07b. - 17.3% of last week’s ETH staking deposits went to Lido (total value of 146k ETH). - Lido passed 6 million ETH deposited to Beacon Chain. - stETH/ETH rate remains stable and sits at 0.9990. https://twitter.com/LidoFinance/status/1655682245905072135

A Lido V2 update: The final on-chain vote for the V2 upgrade is scheduled for this Friday, May 12th. If no last-minute findings are surfaced and the vote is successful, Lido V2 will be live after the vote enactment on May 15th 🏝️ https://twitter.com/LidoFinance/status/1655656843501355009

Lido on Polygon has successfully onboarded five new Node Operators to the protocol following a successful vote and on-chain update of the operator registry. Please welcome Bounty Blok, Bware Labs, Everstake, SmartStake & Stakin 🏝️ https://twitter.com/LidoFinance/status/1655585806461943811

Attention LDO holders 🏝️📢 We have 4 ongoing snapshots for you to vote on. 1⃣ Lido on Ethereum Validator Exits Policy 2⃣ Ongoing Grant Request 3⃣ DAO treasury to aid in the Sushi recovery 4⃣ Nominating reWARDS committee as representative for airdrops https://twitter.com/LidoFinance/status/1655527057835671556

📈 Lido Analytics: Apr 24 - May 2, 2023 TLDR: - TVL remained stable, ending the week at $11.56b. - Lido attracted 14.1% of last week’s ETH staking deposits, total value of 89.9k ETH. - stETH/ETH rate was stable and sits at 0.9992. - wstETH on L2 grew by 4.45%, to 69,176 wstETH. https://twitter.com/LidoFinance/status/1653454789609390114

In case you missed it, check out the recent Lido Node Operator Community Call below 📢 Agenda: - Slashing incident update - V2 testnet status & updates - Update on Lido DVT testnet - Presentation: Miga Labs - Q&A https://twitter.com/LidoFinance/status/1653368588940587008