Jul 15 2024
From Alluvial to Blockdaemon, Figment to Twinstake, Coinbase to Obol, and everywhere in-between, it was invigorating to see the diverse, global collaborators supporting Liquid Collective connect at ETHCC[7] in Brussels this week. Thank you to everyone who attended the events Liquid Collective co-sponsored with Certora and Obol—and if you’re feeling some major FOMO today, read on for upcoming events where members of Liquid Collective will be available to connect!
Liquid Collective's Latest
Blockdaemon joins Liquid Collective’s active set as a Node Operator
As the first since the protocol’s mainnet launch, Blockdaemon joining Liquid Collective as a Node Operator represents a pivotal step toward building a more resilient, secure, and decentralized liquid staking network. This deepens Liquid Collective’s collaboration with Blockdaemon following May’s announcement that Blockdaemon intends to integrate support for Liquid Staked ETH (LsETH) as a Liquid Collective Platform.
Within their role as a Node Operator, Blockdaemon will also become a member of Liquid Collective’s Node Operator Working Group, collaborating alongside other industry experts to define industry standards, benchmarks, and service level agreements (SLAs).
Learn more about Blockdaemon’s support in our announcement, or on Blockdaemon’s site.
Quantstamp audit of Liquid Collective’s daemons completed
Security audits are essential not only for smart contract code, but also for the offchain components that support a protocol. Liquid Collective has completed its 8th security review with Quantstamp, covering the Liquid Collective protocol’s three daemons (exit, keeper, and oracle).
Learn more about the details of the audit, and the importance of auditing offchain components, in our post. You can view all of Liquid Collective’s audits and security reviews here.
ICYMI: Comprehensive overview of Ethereum’s correlation risks
Correlation is one crucial area to understand in order to evaluate ETH staking technologies through a risk-adjusted lens. Our collaborative report, developed with Obol Labs, provides insights to support informed decision-making within a diverse staking ecosystem. It explores correlation penalties, client diversity risks, operator diversity risks, geographic and cloud risks, and research and upcoming proposals that may affect the landscape moving forward.
Read the full report here, or check out Obol’s post here, and stay tuned for more upcoming events highlighting the report’s key insights.
LsETH Ecosystem Support Roundup
- LBank, cryptocurrency exchange, launched support for LsETH with a LsETH/USDT trading pair. Learn more in LBank’s post here.
Events
Thanks to everyone who attended our breakfast with @CertoraInc and @gauntlet_xyz at ETHCC in Brussels! https://t.co/kRdNl48YUm pic.twitter.com/8AfGColWKj
— Liquid Collective (@liquid_col) July 10, 2024
Upcoming Conferences: To connect with the teams supporting Liquid Collective at an upcoming conference, contact us.
- Blockchain Wisdom People & Talent forum: Aug 28, Virtual
- Token 2049: Sept 18 - 19, Singapore
- Messari Mainnet: Sept 30 - Oct 2, NYC
- The Staking Summit: Nov 8 - 9, Bangkok
- Devcon: Nov 12-15, Bangkok
News from the Collective & Ecosystem Updates
- Alluvial completed a comprehensive security audit of the Alluvial API with Quantstamp, including an architecture review, functional testing, computer-aided verification, manual review, and whitebox penetration testing. Overall, the audit confirmed that Alluvial's application and infrastructure follow security best practices, with no high-severity vulnerabilities identified. Learn more in Alluvial’s post here.
- Obol launched Charon v1.0.0, the world’s first DV middleware, following 3 years of testing, development, and expansion. Learn more in their announcement here.
- Obol also announced the launch of Obol Collective, a collection of teams focused on DV and ETH consensus layer operations. Learn more on their site here.
- Mauve, a compliance-focused DEX that launched support for LsETH trading in September 2023, is transitioning to build Nudge, focused on token re-allocation. Learn more in their post here.
- Bloomberg published an article, “Ether Restaking May Morph Into ‘Internet Bond’ Market, S&P Says,” comparing ETH restaking to the bond market. Read it here.
- Coinbase has implemented shared beacon nodes in its non-custodial Ethereum staking architecture, reducing redundancy and downtime. Learn more in their announcement here.
- Matt Hougan, CIO of Bitwise, published an estimate that ETH ETFs in the US will reach $15B in net flows in their first 18 months. Read it here.
Liquid Collective By The Numbers
- Total Supply ETH: 88,142.63 ETH + 0.52%
- Total Value Locked: $295,581,020 - 3.21%
- LsETH Conversion Rate: 1 LsETH = 1.05326 ETH + 0.19%
All data is accurate as of July 12, 2024. View real-time onchain data here on Dune. Percentage changes are from the June 21, 2024 edition of By The Numbers.