Lido's Staking Protocol Hit by Rebasing Miscalculation Incident

Lido's staking protocol has encountered an unexpected rebasing miscalculation incident that is affecting the annual percentage rate (APR) of its stETH token. The issue arose from a single unaccounted validator deposit of 32 ETH, causing the daily APR to drop to 2.04%, lower than the expected 2.15%. Lido has assured users that no funds are at risk and is actively working on a resolution.

The incident highlights operational challenges within protocol mechanics, but it does not suggest any systemic risk. Lido's contributors have double-checked and verified all validator balances to ensure user trust remains intact.

stETH holders will be watching closely for updates from Lido regarding the investigation's findings and any adjustments to the APR calculations.