LayerZero OFT DVN config (count, threshold, diversity)

Lido's assessment for RD-F-179 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

LayerZero wstETH OFT (ETH: 0x742650E0441Be8503682965d601AD0Ba1fB54411) is NOT under Lido DAO governance — DAO voted 81% for Wormhole+Axelar, 5% for LayerZero (Jan 2024). OFT remains operational under LayerZero Labs control. DVN config unverifiable due to non-governance status. Ongoing operation under Lido branding without DAO control is the primary risk.

Detail #

The LayerZero OFT adapter on ETH (0x742650E0441Be8503682965d601AD0Ba1fB54411) has CROSS_CHAIN_CONTROLLER=0x93559892d3c7f66de4570132d68b69bd3c369a7c (not a Lido address). Lido DAO voted against LayerZero's ownership-acceptance proposal. The OFT continues to operate on BNB/Avalanche/Scroll under Lido branding. DVN count, threshold, and operator diversity are unknown. If DVN is misconfigured (e.g., 1/1 pattern per Kelp DAO class), forged messages could mint unbacked wstETH on those chains.

Sources #

Governance
https://research.lido.fi/t/layerzero-implementation-for-wsteth-on-bnb-chain-and-ownership-acceptance-by-lido-dao/6093retrieved 2026-04-28
URL
https://cryptobriefing.com/lido-dao-chooses-wormhole-axelar-bridge-wsteth-on-bnb/retrieved 2026-04-28
Etherscan
https://etherscan.io/address/0x742650E0441Be8503682965d601AD0Ba1fB54411#coderetrieved 2026-04-28
URL
https://www.theblock.co/post/259467/layerzero-introduces-omnichain-token-to-move-lidos-wsteth-across-avalanche-bnb-chain-and-scrollretrieved 2026-04-28

Methodology #

For any LayerZero OFT adapter, read the DVN configuration: count of DVNs, k-of-N threshold, and operator diversity (independent operators vs same-operator multi-DVN).

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol lido factor RD-F-179 score yellow collected_at 2026-04-28 13:58:42