Introducing the Community Staking Module Early Adoption Program: A Unique Opportunity for Solo Stakers 🌐
Eligible operators can benefit from: 1️⃣ Early access to the CSM mainnet, avoiding competition from large staking entities for ETH allocations. 2️⃣ A reduced requirement of just 1.5 ETH to run a validator - far below the usual 32 ETH. 3️⃣ The potential to earn up to 2.37x higher rewards per ETH compared to traditional solo staking.
🔈Three snapshots are currently live and will remain open until 4 PM UTC, Thursday, October 10th:
1️⃣ Lido Community Staking Module Mainnet Release Setup 2️⃣ Adjusting Easy Track limits for PML and ATC 3️⃣ Increasing the Proposal Threshold for Snapshot
The Lido Validator Set Update for September is live with lots of great developments including community grants, global workshops, CSM events + much much more!
- Lido TVL up +3.55% to $26.08b. - 43,232 net new ETH staked. - 7d stETH APR at 3.11%. - Multichain wstETH up +3.41%. - (w)stETH 7d trading volume was $819.45m.
TLDR: - TVL up 10.83% to $25.18b. - 26,528 net ETH unstaked. - 7d stETH APR at 3.17%. - Bridged wstETH fell -2.04% to 191,498 wstETH. - (w)stETH 7d trading volume up by 27.49% to $920.29m.
TLDR: - TVL up by 0.51% to $22.72b. - 33,824 net ETH unstaked. - 7d stETH APR at 2.90%. - wstETH on L2 down -1.22% to 190,224 wstETH. - (w)stETH 7d trading volume at $721.83m.
An updated CSM risk assessment has been shared with proposed parameters for the CSM mainnet:
- 2.4 ETH bond for an NOs first validator & 1.5 ETH bond for EA participants first validator; - 1.3 ETH bond for subsequent validators; - 6% NO reward rate;