🌐 Introducing the Lido Community Staking Tribes (LCST) Initiative
A program designed to empower Ethereum-aligned organizations and DAOs to support their contributors in becoming solo stakers using the Lido Community Staking Module (CSM).
TLDR: • TVL down -1.27% to $38.96b. • -30,400 ETH net unstaked. • 7d stETH APR at 2.95%. • wstETH on Multichain +5.45% to 188,591 wstETH. • (w)stETH 7d trading volume at $2.84b.
Modules Updates • One Month of CSM Mainnet: 214 operators onboarded, 80% growth in operators + 0.4% of TVL operated by NOs using CSM. • Simple DVT: Contributed 10,275 new ETH staked (equivalent to 320 validators).
Node Operator Community • VaNOM Q3 Update: +130 new Node Operators, client diversity improvements & much more. • StakeSafe Pilot Testnet • Validators Exits | SNOP update • Community Grants: A number of new exciting grants are available for building out the CSM ecosystem. • Lido ValSet goes to DevCon
• TVL up 8.21% to $39.46b. • 14,880 net ETH staked. • stETH 7d APR at 3.03%. • wstETH Multichain down -0.21% to 178,848 wstETH. • (w)stETH 7d trading volume up to $2.38b.
Users can now bridge their wstETH tokens to Starknet and access the network's growing DeFi ecosystem, all while benefiting from L2’s lower gas costs and faster transactions.
TLDR: - TVL up 10.59% to $36.46b. - 26,784 net ETH staked. - 7d stETH APR at 2.88%. - wstETH Multichain down -2.42% to 176,999 wstETH. - (w)stETH 7d trading volume at $1.45b.
Live for just over a month, the Community Staking Module (CSM) has made a strong start on mainnet.
📈 214 permissionless operators onboarded. 🌟 80% growth in operators using the protocol (265 to 479). 💼 0.4% of Lido’s TVL now operated by NOs using CSM.
New on-chain vote is live covering: 1️⃣ Adjusting Easy Track limits for PML & ATC 2️⃣ Increasing Stonks Execution Limits 3️⃣ Updating the reward address for Simply Staking
Main phase is active until November 28, 3:20 PM UTC.
TLDR: - TVL up 9.34% to $32.97b. - 2,880 ETH net staked. - 7d stETH APR at 2.99%. - wstETH on Multichain decreased -2.64% to 181,390 wstETH. - (w)stETH 7d trading volume at $1.42b.