Lido updates on the Kelp security incident: EarnETH vaults are planned to reopen after protocol restoration.

Lido has released an update on the Kelp security incident, stating that the Snapshot vote regarding the EarnETH first-loss protection mechanism (where losses fall below the 1% threshold) has reached the quorum and been approved. EarnETH user losses will be fully covered by the Lido Earn first-loss mechanism. The attacker's rsETH has been liquidated, and the related stETH has been transferred to the DeFi United rescue program. Furthermore, the EarnETH vault is expected to reopen shortly after the Kelp protocol resumes operation, at which time users can deposit and withdraw funds normally. Lido emphasizes that EarnETH and EarnUSD vaults continued to generate yield during the freeze period. Currently, EarnETH users only need to wait for the short unfreezing process to complete; once funds are restored, they will receive compensation according to the first-loss protection mechanism.