Activate the stETH/ETH Llamalend v2 Market on ETH main net

That settles the feed, and for a depeg it is the right shape: a pool EMA follows the market the loan is collateralised against, so soft liquidation tracks a bid that exists.

Two things it does not cover. Both are from our Lido reading on foreshock.tech, published 6 September 2026 and unchanged as of today.

  1. A pool price is not an stETH balance. Balances are set by an accounting oracle that is a 5-of-9 committee of externally owned keys, and that committee is not a price feed. A late or wrong report changes what a unit of stETH is before anyone trades on it, and a pool oracle sees it only once someone does.

  2. The feed is as deep as the pool. On the figures in your post, 18 490 ETH and 20 280 stETH, the initial cap of 10 000 ETH is a little over half the ETH side, and the 30 000 ETH the specification raises to is more than all of it.

So, two closed questions the specification can answer in a line each:

  1. Which contract is the oracle, and over what EMA window?
  2. Is the raise to 30 000 ETH conditioned on a stated liquidity floor in that pool, or on time?