Lido DAO: EarnETH and EarnUSD gain dual-layer loss protection - 05 Nov 2026
EarnETH and EarnUSD gain dual-layer loss protection on November 5, 2026. Firelight provides the first layer of vault protection, followed by Lido DAO. Coverage applies to eligible, approved losses within limits and conditions, and requires no action from depositors.The protection reduces depositor risk by providing two sources of capital to absorb covered losses. Lido DAO backs deposits with an initial $5 million in shares, putting a defined amount of DAO capital at risk for the Earn product.Lido Earn: Depositors Protection Extended 🛡️EarnETH and EarnUSD now have two layers of loss protection: first, followed by the Lido DAO’s loss protection.No action needed from depositors: protection applies at the vault level.Here’s how it works: