Foresight News
Foresight News|11月 06, 2026 07:07
[Lido Earn Adds Dual Loss Protection Mechanism] According to Foresight News, Lido tweeted that Lido Earn depositors now enjoy two layers of loss protection: firstly, Firelight absorbs eligible losses, and secondly, Lido DAO loss protection provides a safety net. The protection takes effect automatically at the vault level, requiring no action from depositors. Firelight, as an on-chain protection protocol, can absorb losses in a limited amount each 30-day period (initially covering up to 5.7% of EarnETH TVL and 8% of EarnUSD TVL), covering smart contract vulnerabilities, oracle failures, and governance attacks. The remaining losses can be absorbed by Lido DAO by burning the initial deposits, up to $3 million in EarnETH and $2 million in EarnUSD.
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