The Lido community proposes launching 0x02 CSM, supporting community stakers to run 0x02 validators.

Wu stated that the Lido community has released the 0x02 CSM proposal, which intends to add a permissionless community staking module to the Lido protocol, supporting node operators in running validators using 0x02 withdrawal credentials, with a maximum effective balance of 2,048 ETH per validator. If the proposal is approved, the 0x02 CSM will run in parallel with the existing 0x01 CSM, which will continue to serve smaller operators and types such as ICS and IDVTC, while the 0x02 CSM will target more capital-sufficient independent operators. Proposal parameters include a first validator key deposit of 32 ETH, subsequent keys at 30 ETH, node operator and DAO reward split of 2% / 8%, and a capital multiplier of up to approximately 2.26x; the combined maximum staking share cap for 0x01 CSM and 0x02 CSM is proposed to be set at 20%, and relevant operational and emergency permissions are proposed to be managed by the CSM Committee.
ETH2.80%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 1
  • Share
Comment
Add a comment
Add a comment
VolatilityInATeacup
· 15h ago
2% node share + 8% DAO fee, capital multiplier of 2.26x, which makes the earnings structure much more flexible than traditional staking. Independent operators should be interested in joining.
View OriginalReply0
Post-RainCancellationAgent
· 17h ago
The 2048 ETH cap is a bit aggressive, big holders are ecstatic.
View OriginalReply0
DewdropSapling
· 17h ago
The parallel design of 0x02 and 0x01 is quite clever, catering to retail investors while also attracting institutions. Lido really nailed this balancing act.
View OriginalReply0
SandwichMev
· 17h ago
If the proposal passes, Lido's node network will become more stratified, but the 2% share cap is set because we're afraid CSM will take too much? It feels like the DAO is controlling the pace.
View OriginalReply0
  • Pinned