Staking Modules Updates
Curated Module
Curated Module v2 Migration
The start of the Hoodi testnet phase for the Curated Module v2 (CMv2) migration has been shifted, and is now expected to begin in early April. This adjustment provides all involved with additional time to finalize preparations and ensure a smooth and successful testnet experience ahead of the mainnet transition.
Overall migration plan remains unchanged and Lido contributors have already shared the first version of the Migration Guide. Curated Node Operators (NOs) are encouraged to familiarize themselves with the process early.
Please note this is an initial version that will continue to evolve and is currently shared in read-only mode.
In the coming weeks, Lido contributors will also begin scheduling demo calls to walk Curated NOs through the migration flow, answer questions, and help ensure operators are well prepared for the transition. Stay tuned!
mev-commit (Primev) Testing Results
Over the past weeks, approximately 16,000 Lido validators across 8 Node Operators opted into Primev’s mev-commit during testing on the Hoodi. Testnet adoption occurred in several waves, with the largest batch — around 10,000 validators — onboarded in early December.
As of now, the testing phase has concluded. Under Hoodi testnet conditions, the Primev’s mev-commit integration proved operationally stable and technically compatible with Lido validator set. While additional mainnet validation will be needed to assess long-term revenue impact and latency sensitivity under real economic conditions, the Hoodi testing phase did not surface any material technical blockers to adoption.
In a recent Research Forum post, the Auxiliary Proposer Mechanisms (APM) Committee has shared a concise overview of key findings from both Primev’s published results and the Committee’s internal performance analysis. Based on these results, the Committee recommends adding mev-commit to the APM Allow List.
ETHGas PERCH Update
ETHGas Hoodi testing with multi-relay support is now live. Soon, Lido contributor group will open an official testing phase for the sidecar — Lido validators on Hoodi registered to the ETHGas exchange would be able to operate with any relay in their PBS configuration, rather than being limited to the ETHGas relay.
This improvement reflects a key requirement from Lido contributors: validators must remain free to use any relay approved by the Lido protocol, rather than being restricted to a single relay provider.
Updated documentation links provide details on how to get started and if any assistance needed during testing, please reach out to ETHGas support.
Simple DVT Module
Following the operator rotations that took place in January, several clusters are currently operating below full allocation and are awaiting new deposit allocations.
Lido x Obol
Lido x SSV
Mainnet | Status: Active ▶️
- Cohort 1 is active, 10 clusters running 80 validators each, 1 cluster waiting for validator activations
- Cohort 2 is active: 12 clusters running 80 validators each, 1 cluster waiting for validator activations
- Cohort 3 is active, 8 clusters running 80 validators each, 1 cluster waiting for validator activations
- Obol Super Clusters are active, 5 clusters running 500 validators each
Mainnet | Status: Active ▶️
- Cohort 1 is active, 11 clusters running 80 validators each, 1 cluster waiting for validator activations
- Cohort 2 is active, 7 clusters running 80 validators each, 1 cluster waiting for validator activations
- Cohort 3 is active, 14 clusters running 80 validators each, 1 cluster waiting for validator activations
- SSV Super Clusters are active, 5 clusters running 500 validators each
Node Operator Community
February Community Calls
February featured two streams covering major developments across the Lido ecosystem.
The Lido V3 Mainnet Launch Community Call celebrated the full rollout of the protocol upgrade, introducing the core concepts behind stVaults and exploring how leading builders are already leveraging the new modular staking primitive.
During the fireside chat, several early stVaults builders shared their customer insights into the novel staking products and infrastructure setups they are developing with Lido V3.
The regular Lido Poolside Tokenholder Update call with Lido Labs leadership provided a broader overview of the protocol’s direction and developments, including:
• 2025 review • 2026 strategic plans • Current market landscape • LDO buyback update
Catch the highlights in the recap.
Lido V3 Phase 3 Live
The Lido V3 rollout is now complete, with Phase 3 activated on mainnet. This phase further expands the capabilities of stVaults, making stETH minting permissionless for all stVaults. Vaults operated by non-identified Node Operators can mint stETH subject to a 50% Reserve Ratio and a 5,000 ETH minting cap (еhe cap will be increased to 50k and 500k later, on demand).
For Identified Node Operators:
- All vaults with more than 250 ETH are eligible for 0% stVaults Lido Infrastructure Fee until March 31 (an extension may be added here depending on the entry queue length). To qualify for Identified Node Operators category, submit your request following the stVaults Node Operators Identification guide.
- The minting cap has been increased to initially planned amounts, according to assigned Node Operator category, enabling larger operator-led vault deployments.
- Identified NOs has also been upgraded with four new tiers and enhanced per-operator minting limits, allowing more granular configuration based on their assigned category.
With Phase 3 live, modular liquid staking infrastructure for Ethereum is fully operational, enabling builders and operators to create tailored staking setups while benefiting from stETH liquidity and integrations.
Start building today with the stVaults Documentation Center. For a deeper dive into core concepts, including Reserve Ratios, minting limits, and risk tiers, see the Lido V3 Whitepaper.
DeFi Wrapper On Mainnet
The DeFi Wrapper is now live on mainnet. This no-/low-code toolkit enables builders, Node Operators, and platforms to launch customized user-facing staking products powered by stVaults, with optional automated APR-boosting strategies such as leverage loops or other custom stETH-based yield modules.
The tooling makes it significantly easier to deploy tailored staking products without requiring deep protocol-level expertise. Below documentation links provide details on how to get started.
What’s coming next? A connector to the highly anticipated Lido EarnETH strategy is planned for release soon.
Lido Day in Cannes
Join Lido contributors in Cannes during EthCC week on March 31 for Lido Day, a full-day program bringing together Lido core contributors, Node Operators, builders, and institutional teams to explore the future of Ethereum staking.
Expect discussions on the evolution of the Lido protocol, insights from operators and ecosystem partners, and conversations around the next phase of the Lido roadmap. See details and RSVP (space is limited):
Proposals to Watch
Below are recent proposals from Lido contributors that aim to improve validator experience and support the growth of community staking. Beyond protocol updates, Lido contributors are actively shaping the future of Ethereum staking — here are several recent proposals to watch.
EIP-8148: Custom Sweep Threshold for Validators
What if 0x02 validators could receive rewards before their balance reaches the current 2048 ETH threshold?
Currently, validators using 0x02 withdrawal credentials only receive rewards to their withdrawal address once their validator balance reaches 2048 ETH. Until that point, rewards simply compound on the validator balance. For most operators this means staking rewards remain locked on the validator balance instead of being received regularly and reaching this threshold can take a pretty long time due to the limited number of block proposals per year per validator.
EIP-8148, proposed by Lido contributors — Dmitry, Staking Modules Lead, Dmitriy, Smart Contract Developer, and Greg, Technical Research Lead — introduces the ability for 0x02 validators to set a custom reward sweep limit. Validators would be able to choose the threshold at which rewards stop compounding and start being transferred to their withdrawal address. If implemented, this proposal would give validators greater flexibility and control over their staking rewards, while making the transition to 0x02 credentials more practical for a wider range of operators.
Check out the full proposal:
Community Lifeguards Initiative Reform
The Community Lifeguards Initiative (CLI) has now been operating for two full years. During this time it has played a meaningful role supporting the growth of community stakers across the protocol and the broader Ethereum ecosystem. Several strong regional communities emerged during this period, contributing not only to the growth of the CSM but also creating foundations that can support future initiatives.
As the initiative matured, the need for full-time Community Lifeguards gradually decreased. Many ongoing community-facing responsibilities can now be integrated into broader Lido ecosystem and contributor efforts.
Thus, it is proposed to transition the CLI to a lightweight, grant-focused committee. Under the proposed structure, the quarterly budget will decrease from $197K to $50K, dedicated exclusively to community grants, with compensation and operational expenses eliminated.
