remche

[Statemind @statemindio]

New from Statemind: Audit of @stakewise_io Core V3. The vault-based liquid staking protocol powering osETH and osGNO. Operator model, meta vaults, overcollateralization math.
Report → https://t.co/YEcYPvbgn3

[vitalik.eth @VitalikButerin]

also:

* Kohaku roadmap (wallet-side privacy work, including work on often-less-mentioned areas like reading the state privately with TEE+ORAM and later PIR)
* BAL + ZK-EVM provers (along with other benefits, makes a full node much lighter, letting you query state without giving data to an RPC node)
* 7701 (along with other benefits, full AA means there's in-protocol support for privacy protocols without specialized public broadcaster intermediaries)
* keccak -> [likely poseidon] binary tree (along with other benefits, makes it much easier to prove state client-side, enabling better integration between ethereum and privacy apps, eg. zkPOAP)
* ZK-EVM prover improvements + future VM change (along with other benefits, enables "private account abstraction" which lets you have the same account control your public and private funds, change keys for all your private state with one tx, and many other benefits)
* proof aggregation protocols (makes privacy-preserving ops not cost 300k gas each)

Making ethereum L1 fully privacy-friendly is a deep project!

[Crypto-Gucci.eth ᵍᵐ🦇🔊 @CryptoGucci]

🚨 Solana’s validator count is declining at a rapid pace

Early 2023: ~2,500 validators
Today: <900
That’s a 64% collapse in decentralization

While competitors are losing validators, Ethereum is doing the opposite
🔹 Almost 1M validators
🔹 The most decentralized, secure network in crypto
🔹 New validators coming online every single day
🔹 Billions in real economic activity secured by Ethereum

Other chains scale by sacrificing decentralization

Ethereum scales without ever giving up security and that’s why the world builds on ETH

The settlement layer of the world won’t be secured by a shrinking validator set

It will be secured by Ethereum 🔥

[StakeWise @stakewise_io]

Just half an hour earlier, StakeWise DAO emergency multisig has executed a series of transactions, recovering ~5,041 osETH (~$19M) and 13,495 osGNO (~$1.7M) tokens from the Balancer exploiter.

On Ethereum mainnet, this represents 73.5% of the ~6,851 osETH stolen earlier today, and is as much as we could recover due to the attacker promptly converting the missing portion of the stolen assets into ETH. Stolen osGNO were recovered in full.

The recovered funds will be returned to the users affected in the Balancer V2 exploit, distributed pro-rata according to their pre-exploit balances.

The full post-mortem of the operation and the next steps will be available shortly.

Thank you to the @Balancer & @gnosischain teams, and personally to @rimeissner and SEALs c0ffeebabe_eth and @pcaversaccio for their prompt advice on the execution of the recovery.

[StakeWise @stakewise_io]

Attention osETH-aETH LPs in the V3 Balancer pool 🚨

Please remove all assets from Balancer until further notice.

While V3 pools (like osETH-aETH) do not seem to be affected in the ongoing exploit, it's better to withdraw assets to your wallet and revoke all approvals.

[EVMaverick392.eth @EVMaverick392]

proud to present

"EVMavericks trailer"

sound on!

[EVMaverick392.eth @EVMaverick392]

been working on a little surprise for the @EVMavericks these past few days

just polishing the final details

can’t wait to show you!

[StakeWise @stakewise_io]

https://t.co/MFKxEGBkSs

[StakeWise @stakewise_io]

> be me
> the only permissionless staking protocol to support Pectra features like autocompounding
> offer cutting-edge liquid staking infra out of the box, for free
> goated team glued to the IDE instead of X
> TVL highest it's ever been at 333k ETH
> *cantstopnow.jpg*
> share knowledge about 0x02 validators and get back to work

[remche @remche1]

Just unlocked my Gas ID via ETHGas 🪪

I'm a Hero Jack with 1.874 ETH spent on gas since Beacon Chain - now fueling my climb to the Gasless Future and earned 1000 Beans already.

Reveal yours at https://t.co/nFMXi5x7Iv

[stakewiseintern.eth @StakeWiseBureau]

Here's what a crash looks like when using @stakewise_io Boost 😎

[vitalik.eth @VitalikButerin]

The L2 scaling thing is working!

[StakeWise @stakewise_io]

4/ v4 packs more features than ever into the same contract size, making Vaults the most efficient they’ve ever been.

All contracts have passed a rigorous audit by @ABDKconsulting.

[StakeWise @stakewise_io]

3/ Rich customization options have been added to v4 Vaults by popular request.

Change Vault admin, edit Vault fee, assign separate wallets for Validators Manager and Fee Claimer roles - these options allow Vaults v4 to meet complex commercial and operational changes with a few clicks.

[StakeWise @stakewise_io]

2/ v4 introduces MetaVaults - optional structures that receive stake and distribute it across up to 50 sub-Vaults in customizable proportions.

When stacked on top of each other, MetaVaults offer endless possibilities for stake allocation across 100+ operators in StakeWise, and flexible management of isolated staking setups that are powered by more than one Vault.

[StakeWise @stakewise_io]

1/ Vaults v4 dramatically improve your staking UX, taking advantage of Ethereum’s “fast lane” EL withdrawals and increased validator maxEB to deliver higher staking rewards and shorter withdrawal times to all stakers.

[StakeWise @stakewise_io]

We are proud to present Vaults v4.0 - our most advanced and secure staking product to date.

Vaults v4 introduce 0x02 validators, faster withdrawals, consolidations, sophisticated stake distribution via the new MetaVaults layer, additional customization options, and more.

[StakeWise @stakewise_io]

why osETH is a superior LST (a technical explanation)

&gt; tax optimized

you borrow osETH against your stake, not swap your ETH for a liquid staked token

&gt; permissionless

get osETH against any validator in the network - even your own

&gt; immutable

keeps these properties forever

[StakeWise @stakewise_io]

go truly bankless with StakeWise

→ stake solo &amp; mint osETH (only possible with StakeWise)

→ borrow and trade in DeFi

→ spend earnings with non-custodial cards @metamask @gnosispay

when you own the whole stack, who needs banks anyway?

[Aura @AuraFinance]

The second largest pool on @Balancer is the osETH | WETH v3 Boosted Pool with over $50M in TVL.

While 4% vAPR may not seem like much, it's honest work from @Stakewise_io.

🔗 https://t.co/X7awhdBJpK