Lido DAO Approves Deployment of Simple DVT Module to Onboard Community and Solo Stakers

🔓 Lido Unlocks Decentralization

By Lido
Apr 25, 2024, 7:17 PM
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The Lido DAO has voted to approve the deployment of the Simple Distributed Validator Technology (DVT) module.​ This module aims to onboard community and solo stakers to diversify and strengthen the base of Node Operators running validators using Lido on Ethereum.​ The Simple DVT module allows for participation from solo and community stakers, with expectations for 250 net-new Node Operators to use the Lido protocol to run validators.​ It supports the battle-testing of DVT technology ahead of more scalable, permissionless modules, enhancing validator resilience, infrastructure, and participant decentralization.​ The onboarding of Obol Network clusters follows an intensive testnet, and a performance report will be presented to the DAO after 30 days.​ Additionally, the SSV Network testnet is nearing completion, and a proposal for SSV mainnet participants to be onboarded to the Simple DVT Module will follow.​

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Lido DAO Votes on NEST Framework to Enable Future LDO Token Buybacks

Lido DAO Votes on NEST Framework to Enable Future LDO Token Buybacks

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