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Linea native yield via Lido V3.
EigenLayer Programmatic Incentives v2.
BitMine amasses 833k.
The Ether Machine buys $40m ETH.
Linea announced that it will enable Native ETH Yield in October 2025, leveraging Lido V3, the latest version of the liquid staking protocol that introduces stVaults. stVaults are customizable smart contracts that allow protocols to define their own validator configurations. They support overcollateralized stETH minting and include critical safeguards such as immutable collateral caps and an escape hatch to opt out of protocol governance if needed. Bridged ETH on Linea will be automatically staked via Lido V3 stVaults, with staking operations managed by a Native Yield Operator and overseen by the Linea Security Council. Staking rewards will be distributed to liquidity providers on Linea, aiming to deliver dual returns from both trading fees and ETH staking yield. Linea will support instant withdrawals backed by a protocol-level Liquidity Buffer, with stETH available as a fallback during high-withdrawal periods. Linea will also activate its ETH burn mechanism in October. Linea is an EVM-equivalent ZK Rollup developed by Consensys.
The Eigen Foundation proposed Programmatic Incentives v2, an update to its onchain rewards engine that distributes EIGEN tokens to restakers and operators securing Autonomous Verifiable Services (AVSs). The v2 aims to increase the annual EIGEN inflation rate from 4% to 8%, which amounts to 2.67m EIGEN tokens per week. The proposed changes include raising the reward allocation for EIGEN Stakers and their Operators from 1% to 4%, as well as introducing a new 1% allocation for Business Development and Ecosystem Growth. Until v2 is approved by governance and deployed, the current Programmatic Incentives v1 system will remain in effect, and users can continue accruing rewards indefinitely.
BitMine Immersion Technologies, Inc. (BMNR) announced it now holds 833,137 ETH, valued at nearly $3 billion, making it the largest corporate ETH holder in the world. The milestone follows the company’s aggressive accumulation strategy, acquiring its ETH in just 35 days since launching its strategic ETH reserve on June 30th. Bill Miller III, a prominent value investor, has taken a stake in BitMine, joining institutional investors such as Ark Invest, Pantera, Founders Fund, Kraken, DCG, Galaxy Digital, and MOZAYYX. BitMine has a bold goal of acquiring and staking 5% of Ethereum’s total supply, which is about 6 million ETH.
The Ether Machine buys 10,605 ETH
SharpLink buys 18,680 ETH
Volume on Safes above $15b/wk
ZK can fix the BSA
Aave x MetaMask hits $60m yield
RWA Ascend accelerator
Lean Ethereum tracker
Overclocking Blocks with Gas Refunds
CDK:
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Linea native yield via Lido V3.
EigenLayer Programmatic Incentives v2.
BitMine amasses 833k.
The Ether Machine buys $40m ETH.
Linea announced that it will enable Native ETH Yield in October 2025, leveraging Lido V3, the latest version of the liquid staking protocol that introduces stVaults. stVaults are customizable smart contracts that allow protocols to define their own validator configurations. They support overcollateralized stETH minting and include critical safeguards such as immutable collateral caps and an escape hatch to opt out of protocol governance if needed. Bridged ETH on Linea will be automatically staked via Lido V3 stVaults, with staking operations managed by a Native Yield Operator and overseen by the Linea Security Council. Staking rewards will be distributed to liquidity providers on Linea, aiming to deliver dual returns from both trading fees and ETH staking yield. Linea will support instant withdrawals backed by a protocol-level Liquidity Buffer, with stETH available as a fallback during high-withdrawal periods. Linea will also activate its ETH burn mechanism in October. Linea is an EVM-equivalent ZK Rollup developed by Consensys.
The Eigen Foundation proposed Programmatic Incentives v2, an update to its onchain rewards engine that distributes EIGEN tokens to restakers and operators securing Autonomous Verifiable Services (AVSs). The v2 aims to increase the annual EIGEN inflation rate from 4% to 8%, which amounts to 2.67m EIGEN tokens per week. The proposed changes include raising the reward allocation for EIGEN Stakers and their Operators from 1% to 4%, as well as introducing a new 1% allocation for Business Development and Ecosystem Growth. Until v2 is approved by governance and deployed, the current Programmatic Incentives v1 system will remain in effect, and users can continue accruing rewards indefinitely.
BitMine Immersion Technologies, Inc. (BMNR) announced it now holds 833,137 ETH, valued at nearly $3 billion, making it the largest corporate ETH holder in the world. The milestone follows the company’s aggressive accumulation strategy, acquiring its ETH in just 35 days since launching its strategic ETH reserve on June 30th. Bill Miller III, a prominent value investor, has taken a stake in BitMine, joining institutional investors such as Ark Invest, Pantera, Founders Fund, Kraken, DCG, Galaxy Digital, and MOZAYYX. BitMine has a bold goal of acquiring and staking 5% of Ethereum’s total supply, which is about 6 million ETH.
The Ether Machine buys 10,605 ETH
SharpLink buys 18,680 ETH
Volume on Safes above $15b/wk
ZK can fix the BSA
Aave x MetaMask hits $60m yield
RWA Ascend accelerator
Lean Ethereum tracker
Overclocking Blocks with Gas Refunds
CDK:
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
No verdict today in US vs Storm
Sub Account features live on Base
No verdict today in US vs Storm
Sub Account features live on Base
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6 comments
Maybe there’s a dev smarter than me but when a L2 stakes user deposits they become a bank because funds may not be as speedily redeemable. Am I right? I understand we have the L1 if we don’t want that risk.
Nice
ETH Daily - 4th August 📰 -Linea x Lido V3 💧 -EigenLayer Incentives V2 ✨ -BitMine 833k ETH treasury 🥇 -Ether Machine buys 10,605 ETH 💰 https://ethdaily.io/754
Thanks for sharing
Thanks for reading!
Exploring the latest in the Ethereum ecosystem, @ethdaily.eth highlights key updates: Linea will launch native ETH yield via Lido V3 by October 2025, EigenLayer ramps up incentive rewards for stakers, and BitMine becomes the largest corporate ETH holder with over $3 billion worth of ETH. Additional news includes substantial ETH investments from other entities, soaring Safes volume, and Aave's partnership with MetaMask reaching impressive yields. Dive into more intriguing developments in the blog!