KEY ($0.00) TAKEAWAYS
- The Lido Community Staking Module (CSM ($0.02)) has transitioned to a fully permissionless model, allowing any node operator to run validators by supplying an ETH ($3,427.63)-based bond.
- CSM lowers entry barriers for node operators, enabling broader participation in Ethereum’s security and decentralization.
- Early Adoption members continue to benefit from a discounted bond amount, encouraging ongoing participation.
- Future developments aim to further reduce entry barriers and increase permissionless staking within the Lido protocol.
The Lido Community Staking Module (CSM) has officially transitioned from its Early Adoption phase to being fully permissionless. This change was enacted following a successful on-chain vote, as announced here.
CSM is the first permissionless module within the Lido on Ethereum protocol. It allows any node operator, including independent and home stakers, to run validators by supplying an ETH-based bond. The module is designed to lower entry barriers, enabling a broader range of operators to contribute directly to Ethereum’s security. This presents a valuable opportunity for both novice and experienced node operators.
Empowering Ethereum-Aligned Individuals
Running validators through CSM offers Ethereum supporters a unique chance to actively participate in the decentralization and security of both the Ethereum network and the Lido protocol. The module requires lower capital and technical expertise compared to traditional solo staking methods and other independent-staking protocols.
Continuing Benefits for Early Adopters
Despite the transition to a permissionless model, existing Early Adoption members and new CSM participants whose addresses are on the Early Adoption list still benefit from a discounted bond amount of 1.5 ETH for their first CSM validator.
Looking Ahead: CSM’s Future Developments
Since its mainnet launch on October 25, 2024, the CSM has seen significant growth, driven by strong community engagement. The journey for CSM is ongoing, with contributors actively working on proposals to further reduce entry barriers and increase the percentage of stake operated permissionlessly via the Lido protocol.
Community involvement remains crucial, and stakeholders are encouraged to participate in shaping the future of CSM by joining the research forum or Discord. Further updates on CSM developments are anticipated.
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