DeFi· ★★★· neutral·

Lido's 1,500 ETH deposit reserve could slow stETH withdrawals under stress

  • —Lido's committee gained authority over the ETH reserve priority on Sept. 25, capped at 9,600 ETH
  • —The deposit reserve target stayed at 1,500 ETH as of Sept. 27 with no motion filed
  • —Lido's model shows 1,500 ETH extends high-stress withdrawal finalization from 6.3 to 7.9 days
  • —The committee proposes setting the target to zero until the 0x02 CSM module launches, expected in October
Why it matters: stETH holders could face longer ETH withdrawal times under heavy demand if the reserve stays protected for validator deposits.
Source: CryptoSlate