Off-Boarding wstETH on Starknet
The Network Expansion Committee has decided to off-board wstETH on Starknet. No funds are at risk, and the token remains fully functional, so holders of wstETH on Starknet are not affected.
During the final step of transferring governance roles from the Starknet Foundation to the Lido DAO, the process was not carried out correctly. As a result, the wstETH token on Starknet has become irreversibly ownerless and non-upgradeable, which no longer aligns with Lido’s bridging guidelines or the original proposal.
We invite the proposer to provide a retrospective explaining what happened and how to prevent similar issues in the future. Should the Starknet team decide to deploy a new token and migrate existing liquidity, they may seek DAO recognition through a Snapshot proposal.