August Validator Set Updates

Node Operator Community

Node Operator Community Call

Check out the 20th Node Operator Community Call covering the following topics:

  • Community Staking Module Updates
  • Simple DVT + The Decentralized Validator Vault
  • Nethermind Client Diversity research

VaNOM Q2/24

The latest VaNOM (Validator & Node Operator Metrics) report for Lido for Q2 2024 is now available.

Access the full report with comprehensive data here, or read the highlights on X.

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Community Grants

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

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Scope of this round:

In terms of content or support, any of the following are welcomed: • CSM setup guides & tutorials; • CSM setup through 3rd party integrations (eth-docker, Dappnode, Stereum, Sedge, etc.); • Guides for setting up CSM with DVT using Obol or SSV; • In-depth CSM explainers; • Resources in various languages;

How to apply:

Comment in the post in the first thread with: • 2-3 lines describing your work; • 1-2 lines about yourself; • Contact info; • Ethereum Mainnet address; • Link to your resource;

Judging criteria:

Grant applications will be judged across the following: • Overall quality & clarity; • Usability (step-by-step instructions, visual aids); • Uniqueness and novel value (e.g. new methods or tools not covered in other guides);

Get involved and help make CSM accessible to all! The grants for this round will be processed until Sept 30, 2024.

Community Lifeguards Initiative

StakeCat as a group of solo-stakers has been onboarded as a new Lido Community Lifeguards covering the European region. They are keen to help the community around Lido ramp up its efforts in developing and growing the solo staking communities locally and across Europe.

Rated Labs Replacement in the Oracle Set

The DAO has voted to replace Rated Labs with MatrixedLink based on the signal from Rated Network to voluntary step down from the Oracle set. The rotation was executed via an on-chain DAO vote.

Node Operator Renaming

The DAO has voted to rename the Node Operator from "CryptoManufaktur" to "Galaxy", together with updating the reward address as part of the Galaxy acquisition of CMF, and “Numic” to “Pier Two”, as a part of the acquisition of Numic by Pier Two.

Lido ValSet at KBW and Token 2049

Meet and chat with contributors to Lido DAO in Asia! Here is the list of events where you can find us:

WhereEventWhenWhatWhat is there?
Seoul
September 3rd
TalkWorkshop

Will, Sasha and Sam are on the stage! Join us to learn more about the decentralization of the Lido protocol, product insights and get your hands dirty with CSM

Seoul
September 4th
Panel

Izzy will be on a panel on the 4th, and Lido DAO contributors will be at Impact throughout the event

Seoul
September 5th
TalkPanel

Come listen to a key-note and panel discussions with Lido DAO contributors Izzy and Marin

Singapore
September 16th
BoothTalkPanel

Stop by the Lido booth, come to the talk by Dmitry, and listen to panel discussions with Lido contributors

Singapore
September 18th
Gathering

If you are a solo-staker or a soon-to-be solo-staker, join our cozy gathering to chat and have fun! Grab the “community-staker” role on Lido discord and follow the announcements in “community-staking-general” to get the invite code😉

Singapore
September 6thSeptember 12thSeptember 26th
Workshop

Practice in setting up an Ethereum validator node with Sam

Singapore

Module Updates

Simple DVT Module

Simple DVT Expansion

  • Decentralized Validator Vault was launched: This vault aims to boost the adoption of Distributed Validators via the Lido Simple DVT Module, enhancing network security and increasing the number of validator utilizing DVT.
  • Immunefi Boost campaign has started: Up to $100,000 in rewards for findings bugs on the recently launched Decentralized Validator Vault
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Lido x Obol

Mainnet | Status: Active ▶️

  • Cohort 1 keys limits are raised to 80 validators
  • Cohort 2 is active, currently under the monitoring period

Testnet #4 | Status: Finished 🏁

  • Testnet #4 is finished, will be followed by LNOSG evaluation and DAO proposal to onboard good performers to mainnet

Lido x SSV

Mainnet | Status: Active ▶️

  • Cohort 1 keys limits are expected to be raised to 40 validators
  • Cohort 2 was onboarded, key limits are raised to 5 validators

Testnet #4 | Status: In progress ▶️

  • Testnet #4 started with 25 clusters, 180+ participants

Community Staking Module

Testnet

It’s been 1 month since the first operator joined the Lido Community Staking Module (CSM) on testnet!

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Check out the blogpost to dive into details of the CSM testnet.

Path to mainnet

  • All CSM test scenarios scheduled for the testnet were checked
  • Two audits are in progress with no High or Critical findings so far
  • Sept 30, 2024 will be the date of Performance Assessment to determine mainnet EA eligibility. Two parameters will be assessed - Performance, and Participation time. Watch the Dmitry’s presentation at NOCC #20 for more details.
  • Gnosis solo-stakers will be used to form Early Adoption List for the mainnet