MetaMask Exits Lido Validators Amid Security Incident
MetaMask has announced it is taking precautions due to a security incident affecting its non-custodial staking operations. The company said it is investigating the issue and working with external partners and security advisors.
The security incident has prompted MetaMask to exit affected validators within its staking operations, including those operating on the Lido protocol. This move may result in foregone rewards and possible downtime penalties for users who have staked their Ethereum (ETH) through MetaMask Staking-operated validators.
Lido Finance developer Will Shannon stated that 'ETH exited from MetaMask Staking-operated validators is expected to return to the protocol gradually as the relevant validators complete the exit, withdrawal, and re-entry cycle, which is estimated to take approximately up to 45 days due to the extended entry queue.'