Lido's stETH liquid staking derivative is trading at a 7% discount to ETH.

On June 8, the public Ropsten testnet transitioned from Proof-of-Work consensus to Proof-of-Stake.

Data Shows $2.3B Flow Into Lido as Other Protocols Suffer Withdrawals

The Ethereum Foundation launched the Eth2 Beacon Chain on a public testnet yesterday, marking one of the final tests before Ethereum transitions to Proof-of-Stake later this year. The Beacon Chain, Eth2’s Proof-of-Stake consensus layer, went live on the longstanding public testnet, Ropsten.  The launch is a major milestone toward Ethereum’s highly anticipated ‘chain-merge’, which developers…

Ethereum developers foiled a “mischievous” miner’s attempt to expedite Ethereum’s transition to Proof-of-Stake on a public testnet by two weeks. Developers expect Ethereum’s Eth2 Beacon Chain to merge with Ethereum’s mainnet this autumn. The transition, known as “The Merge”, will change the chain to Proof-of-Stake consensus and abandon Proof-of-Work miners.  Ethereum’s developers want to trial…

The Eth2 Beacon Chain’s validators fell out of step on May 25 after a client update boosted some clients but caused confusion among validators who hadn’t bothered to upgrade. The incident, called a blockchain reorganization, happens when nodes disagree on the order of the most recent block. Blockchains order blocks – batches of transactions –…

ConsenSys, Joe Lubin’s Ethereum software company, has rolled out a new tool it claims will smoothen Ethereum’s transition to Proof of Stake in August, also known as “The Merge.” The tool, “Bonsai Tries State Storage”, came out of early access on May 17. It runs on ConsenSys’s Ethereum client, Hyperledger Besu. State tries are Ethereum…

ConsenSys founder Joe Lubin emphasizes Eth2 scalability ahead of the first chain-merge on a public testnet planned for June 8.

Lido Finance has announced $1.3M in new incentives to improve stETH:ETH liquidity.

Lido Outpacing Kraken and Staked.us in Staking Services Race