PANews April 29 news, Lido Finance disclosed on platform X that Lido DAO is considering a proposal to authorize temporarily lowering the threshold for triggering the primary loss protection of the EarnETH treasury from 1% during the Kelp incident. Currently, the protection mechanism of Lido EarnETH is only triggered when the treasury loss exceeds 1%, but Lido contributors expect that if the DeFi United rescue operation successfully fills the rsETH gap, the actual loss could be between 400 to 600 ETH, below the 1% threshold. For the sake of protecting users, maintaining the brand, and reducing legal risks, the proposal suggests a one-time exception for the Kelp incident rather than modifying the 1% general rule. This proposal is time-sensitive, with the rsETH incident expected to be resolved within 5 to 10 days.

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