Lido Finance: EarnTH First Loss Protection Mechanism Voted Approved

According to the latest update on Kelp security incident released by Lido Finance, the number of snapshot votes below the 0.01 threshold for EarnETH first loss protection mechanism has reached the statutory number and been approved. User losses will be fully covered by Lido Earn first loss mechanism. The EarnTH vault is expected to reopen shortly after the Kelp protocol resumes operation, allowing users to make normal deposits and withdrawals. During the freeze period, EarnTH and EarnUSD vaults will continue to generate revenue.