September Validator Set Updates

Node Operator Community

Community Calls

Dmitry from Community Staking contributors group has participated in two podcasts with the Rocket Pool and EthStaker communities, discussing different aspects of solo staking and describing details about Lido CSM. Enjoy watching!

And of course, check out September’s Node Operator Community, which was the most-watched call to date, call covering the following topics:

  • ValSet Updates
  • Simple DVT + The Decentralized Validator Vault
  • CSM: Minimal Bond Requirement
  • The perks of using Stereum for CSM
  • Commit-Boost Presentation

Community Grants

The first round of community grants allocation is closed with a bunch of community-driven resources created! Thanks to all the applicants, the following resources have been added to the collection of guides, instructions and documentation and last-day applicants are being reviewed as we speak:

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  1. A video guide on CSM node setup in Holesky via Dappnode (English, Spanish) by 0xricas
  2. CSM documentation and Introduction articles to CSM translated to Japanese by Next Finance Tech
  3. General Lido documentation as well as CSM documentation translated to Spanish by SEEDNodes
  4. Guides on how to set up an Obol DVT cluster and an SSV DVT cluster for CSM by Ivan
  5. Video guides on setting up Lido CSM with ETHPillar and ETH Docker in Bisayan and Tagalog languages by Davao DeFi Community

Community Lifeguards Initiative

Events

The Community Lifeguards ran a series of 5 CSM workshops and talks across Asia and LATAM during major conferences, and online with the Gnosis and DeFi communities.

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Full Breakdown

Satellite CSM Communities

The Community Lifeguards also established satellite solo staking communities centered around the CSM while running workshops across Asia and LATAM.

They mainly organize themselves on Telegram and activations are done collaboratively by the Community Lifeguards and the local partners.

Community
Country
Members
Local co-host
CSM Japan
Japan
92
Next Finance Tech
CSM Taiwan
Taiwan
37
TABEI
CSM Philippines
Philippines
37
Bitskwela
CSM x DDC
Philippines
30
Davao DeFi Community
CSM Korea
Korea
14
DSRV

Guides

  • Enti created a video guide showing a quick way to spin up a CSM validator using Sedge (English, Spanish) and Stereum (English, Spanish)
  • Sam shared a video guide on how to spin up an Ethereum validator node and join the Lido CSM testnet using Google Cloud credits & the ETH Docker, and a video guide on exiting a CSM validator from testnet

Other

  • The StakeCat guys updated their Solo Stakers list in preparation for CSM's EA Mainnet, you can check eligible addresses here.

Solo stakers gathering in Singapore

Lido contributors hosted a cozy gathering of solo stakers with a welcoming atmosphere, connecting like-minded people over engaging conversations about everything staking!

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Node Operators acquisitions

Several Node Operator mergers and acquisitions have happened over the past months:

As per community discussion, a rough set of guiding principles has been proposed through which to assess whether these changes in Node Operator business constitute material enough changes for NO participation to be reconsidered for permissioned modules within the protocol. A vote to reaffirm the continued participation of Galaxy has already been made and passed, and currently the LNOSG is in the process of preparing suggestions to the Lido community about the remaining cases.

Module Updates

Simple DVT Module

Distributed Validator Vault

  • So far has facilitated 3,080 ETH staked to the Lido protocol, equivalent to 96 validators
  • Currently points boosted for Obol due to 1,125 Obol SDVT validators (1,365 total)
    • 11x+ boost to Obol points for current vault users
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Lido x Obol

Mainnet | Status: Active ▶️

  • Cohort 1 is active, 12 clusters running 80 validators each
  • Cohort 2 is active, keys limits for 13 clusters are raised to 40 validators each

Testnet #4 | Status: Finished 🏁

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

Lido x SSV

Mainnet | Status: Active ▶️

  • Cohort 1 is active, keys limits for 12 clusters are in the process of being raised to 40 validators each
  • Cohort 2 is onboarded, key limits for 9 clusters are in the process of being raised to 5 validators

Testnet #4 | Status: Active ▶️

  • 24 clusters and 168 participants

Community Staking Module

Testnet

It’s been 3 month since the first operator joined the Lido Community Staking Module (CSM) on testnet! Let’s look at CSM stats so far:

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More cool news! CSM testnet is now geared with a Telegram bot for CSM event notifications!

Interested operators can subscribe to CSM Sentinel for Holesky

Path to mainnet

An updated CSM risk assessment has been shared with proposed parameters for the CSM mainnet:

  • 2.4 ETH bond for a NOs first validator & 1.5 ETH bond for Early Access participants first validators;
  • 1.3 ETH bond for subsequent validators;
  • 6% NO reward rate

Read more on the research forum.

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