Diva winds down without mainnet launch, citing funding shortfall and security risks

Diva Staking says it ran out of funds in mid-2024, with three team members continuing unpaid for over two and a half years before deciding to shut down. Early Staker Vault pre-deposits can be withdrawn via Enzyme. The protocol ran four months on Hoodi without failure, but the team cites audit costs and AI-assisted vulnerability risk. They note staking concentration persists: BitMine 11.5%, Coinbase 10.9%, Binance 7.9% of staked ETH—30% combined, matching Lido's earlier feared share. They credit Lido's Simple DVT and solo-staker growth, and say Diego and Fernando are seeking new roles.

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• Launch
• Funding
• Mainnet
• Security Risk