🔈 Two important Delegates Rally Spaces are coming up next week:

1️⃣ Monday, September 9th at 4 PM UTC:

LidoDAO Vibes:

The Mission, Vision, and Purpose, featuring @lazyleger , @eth_everstake , @tanelabs , @Pol_Lanski ,@A_Leutenegger & @post_polar_ discussing how these principles shape the process behind Lido DAO's governance. 💧🏖️

It’s been over 2 months since the launch of the Community Staking Module (CSM) testnet.

Here's a quick update: 👇

CSM was proposed as Lido on Ethereum’’s first module with permissionless entry for node operators.

Until now, 300+ operator entities have been participating in the testnet, achieving an average network effectiveness of 92% - higher than the Holesky network-wide average of 82%. 🤓

The Lido DAO Delegate rally is in full swing with voting for delegates live till September 18th.

How can you get involved?
1️⃣ Pick a delegate.
2️⃣ Delegate your voting power.

Delegate here: http://vote.lido.fi/delegation

Two new Snapshot votes are now live 🗳️

1️⃣ Organize Lido Alliance as a Lido DAO Adjacent BORG.
2️⃣ CryptoManufaktur’s Node Operator status following Galaxy acquisition.

https://snapshot.org/#/lido-snapshot.eth

👇

Lido Analytics: August 19 - 26, 2024

TLDR:
- TVL up 4.72% to $26.98b.
- 28,160 ETH net unstaked.
- 7d stETH APR at 2.80%.
- wstETH on L2 up +0.63% to 186,676 wstETH.
- (w)stETH 7d trading volume up 18.76%.

👇

Lido DAO Vote #178 has passed paving the way for on-chain delegation 🗳️🎉

https://blog.lido.fi/delegation-enhancing-governance

Read on to learn more about how to delegate, becoming a delegate, and how to benefit from the Delegate Incentivization Program 👇

Since Q4 2022, Geth usage across validators run by operators using the Lido protocol has fallen from 93% to 37.5% (as of Q2 2024) 📉

Huge congratulations to node operators working to reduce supermajority client risk across Ethereum.

Lido Validator & Node Metrics 📊

The latest Q2 Lido Validator & Node Operator Metrics (VaNOM) report is out now.

Dive in for the latest insights and key developments in the last quarter 👇

On-Chain UI Migration 🗳️

Lido contributors are proposing to migrate away from the Aragon UI by December 2024.

The UI has entered a 'no support' period, with a full migration to take place given no significant objections.

Full proposal here:

A re-run of last week's on-chain vote is live:

1️⃣ Launching on-chain delegation.
2️⃣ Replacing Rated Labs with MatrixedLink in oracle set.
3️⃣ Renaming NOs and updating reward addresses.

Check the vote here: https://vote.lido.fi/vote/178 🗳️

📊 Lido Analytics: August 12 - August 19, 2024

TLDR:
- TVL up 2.53% to $25.76b.
- 15,616 net new ETH staked.
- 7d stETH APR at 2.91%.
- Lido on L2 down -0.55% to 185,512 wstETH.
- (w)stETH 7d trading volume at $962M.

👇

📣 Lido Delegate applications have been open for a week with 17 delegate applications posted so far.

https://research.lido.fi/c/delegate-platform/22

Applications will be accepted until August 25th.

Want to apply? Here’s what you need to know 👇

The Lido Node Operator Call is back tomorrow starting 5PM UTC 🕓

1️⃣ Community Staking Updates w/ @d_gusakov
2️⃣ Simple DVT + Decentralized Validator Vault w/ @kimon_sh
3️⃣ Nethermind Client Diversity research w/ @0xjorgeth

Tune in tomorrow via link below:
https://www.youtube.com/live/PlyEpGGJxu4

Hey there, @BNBChain 👋

You can now bridge your staked ETH to BNB Chain in just a few clicks and access a flourishing ecosystem with hundreds of DeFi protocols.

https://blog.lido.fi/lido-goes-to-bnbchain/

Get started here 👇

Calling LDO holders: New on-chain vote is live 🗳️

1️⃣ LIP-21: Simple On-chain Delegation
2️⃣ Rated Labs Replacement in the Oracle Set
3️⃣ Node Operator Rename

The main phase ends on Aug 15th at 2pm UTC.

Vote here: https://vote.lido.fi/vote/177

Introducing the Decentralized Validator Vault ft. @mellowprotocol, @Obol_Collective & @ssv_network 🎉

This vault aims to boost the adoption of Distributed Validators via the Lido Simple DVT Module, enhancing network security and increasing overall validator numbers.

The initial Vault cap starts at 7,680 ETH with increases to follow.

🌐 The Community Staking Module (CSM) is live on testnet with over 200 node operators now registered.

To boost support for home stakers, the Community Lifeguards Initiative is considering retroactive & future funding for community-driven resources.

https://research.lido.fi/t/community-grants-csm-resources/7990

👇

📊 Lido Analytics: August 5 - August 12, 2024

TLDR:
- TVL down -5.20% to $25.13b.
- 22,464 ETH net unstaked.
- 7d stETH APR up to 4.03%.
- wstETH on L2 +2.98% to 186,544 wstETH.
- (w)stETH 7d trading volume at $2.70b.

The vote to establish a public delegate platform & a delegate incentivization program has passed ✅

https://snapshot.org/#/lido-snapshot.eth/proposal/0xa502cf80451192672313911ce558e74799626da3b3b66130e21c6cd19707e584

Here’s what comes next 👇

Lido Validator Set Updates: July 📅

Node Operator Community
• NOCC #19
• Lido Scorecard Update
• Stakers Guild: Lido Staking Event @ EthCC

Community Lifeguard Initiative
• Q2 Report
• Community Stakers: Roundtable

Module Updates
• Simple DVT Module Expansion
• CSM Testnet Launch + Security Audits
• Lido + Dappnode hardware launch 🖥️

+ much, much more 👀

Check out the full ValSet update here: