Node Operator Community

Node Operator Community Call

Check out the 19th Node Operator Community Call covering the following topics:

ValSet Updates + Stakers Guild
CSM Testnet Launch
Simple DVT Expansion
Intro to Bolt

Ethereum Scorecard Update

The Lido Scorecard has been updated!

It keeps track of how Lido is performing against its goal of being decentralised, trustless, governance-minimised and Ethereum-aligned.

Key highlights were developments made across the following:

Validator Set decentralisation
Improved geographical Validator Set distribution
Validator Set Infrastructure improvements
First permissionless module launch

Check out the detailed thread on X.

Community Lifeguard Initiative

Q2 report

The Community Lifeguards Initiative successfully transitioned from a pilot to an established sub-committee under the Lido DAO, with significant growth in community engagement, particularly in Lido Community Stakers, which saw an 80% increase in members. In Q2, the CLI supported various activities including Simple DVT trials, and the launch of the Community Staking Module on testnet, while also providing grants to support community staking projects and resources.

Read the full report on Q2 results here.

Community Stakers roundtables

Lido Community Lifeguards started hosting bi-weekly roundtables to regularly discuss the recent updates around Lido community staking and broader solo-staking topics. Follow announcements on Lido Discord to join the next one!

Rated Labs Replacement in the Oracle Set

After being a member of the Lido Oracle set for more than a year, Rated Network decided to step down from the Oracle set, with the transition expected to occur in Q3 2024. A DAO decision on either to rotate the Oracle member or remove it and change the quorum will be made in August via DAO vote.

ValSet at EthCC

Panels and talks

Will's talk

Decentralizing the Lido Node Operator Set

Panel with Izzy

Home Staker's Impact on Decentralization

Stakers Guild

Event’s Highlights:

More than 150 participants
CSM permissionless phase activated
CSM integrations showcases

Dappnode
Stereum
Sedge

CSM and DVT: is that possible?

4 Lido x Dappnode machines found their new owners

Enjoy the Lido Community Staking vibes: watch the cool video and search for #lido_stakers_guild on X ✌️

Module Updates

Simple DVT Updates

Simple DVT Expansion

4% target share was set for the Simple DVT module on July 26th after successfully passed DAO vote
Decentralized Validator Vault expected to go live August 6th
Super Cluster onboarding has started

Lido x Obol

Mainnet | Status: Active ▶️

Cohort 1 proposal to raise key limits live on the forum - strong results from monitoring period #2

Uptime of 99.96%, Effectiveness 96.91%, BPS 86.76%

Cohort 2 waiting on deposits for last few clusters, once done performance monitoring period will start

Testnet #4 | Status: In progress ▶️

Expected to end next week; higher key limit for most clusters (including two clusters at 1,000)

Lido x SSV

Mainnet | Status: Active ▶️

Cohort 1 validators in performance monitoring period, all clusters in process of updating to v1.3.7
All metrics look strong so far, on-track to have key limits raised and to start Cohort 2 onboarding

Testnet #4 | Status: Pending 🕓

Testnet #4 starting August 5th

Community Staking Module

Testnet launch

On July 1st Community Staking module went live on Holesky testnet in Early Adoption mode. Later on, on July 12th Early Adoption mode was deactivated making CSM fully permissionless!

By the end of July CSM had more than 200 node operators*.

Check out additional CSM resources:

* Node Operators refers to distinct operator entries in the CSM; multiple entries may be operated by a single person, entity, or group.

Path to mainnet

Two independent security audits of CSM have started in July and will last for ~2 month. The results of the audits will be shared publicly and will be included into the proposal to deploy CSM on mainnet.