MetaMask Staking Exits Lido Validators During Infrastructure Probe
The withdrawals began as MetaMask Staking investigates an infrastructure intrusion. The process may take up to 45 days as validators exit, withdraw and re-enter the protocol.
MetaMask Staking has begun exiting its Ethereum validators from Lido while investigating an infrastructure intrusion. The precaution may temporarily reduce rewards, and taking validators offline could result in downtime penalties.
The validator exits are expected to continue through the end of Oct. 7. That date marks the expected completion of the last batch of exits, not the end of the withdrawal process.
Ether (ETH) from MetaMask Staking’s validators is expected to return to Lido gradually as the validators complete their exits, process withdrawals and re-enter the protocol. Extended queue times could make the full cycle last as long as 45 days.
MetaMask Staking, formerly Consensys Staking, does not hold withdrawal keys for customers because the staking operation is noncustodial. Holders of Lido’s staked Ether token, stETH, do not need to take action.
Lido’s safeguards include a diversified group of node operators and a temporary reserve exceeding 6,750 stETH intended to limit disruption while the investigation continues.
