Lido Onboards First Batch of Simple DVT Validators, Expanding Node Operator Base
Lido Onboards First Batch of Simple DVT Validators, Expanding Node Operator Base
🚨 Lido Expands, New Validators Onboard
Lido has announced that the first batch of Simple Distributed Validator Technology (DVT) validators on the platform, provided by SSV Network, are now active on the Ethereum mainnet. This follows the successful completion of the Lido x SSV testnet, where the aggregate validator performance exceeded all benchmarks set. In the coming weeks, selected participants from the testnet will be onboarded to the mainnet Lido Simple DVT Module, leveraging SSV's technology. The Simple DVT Module aims to onboard up to 250 new Node Operators to the Lido protocol, enhancing decentralization and resilience. The testnet featured 163 participants from 32 countries, including solo stakers, community stakers, and professional node operators. The aggregate results surpassed the required benchmarks for uptime, block proposal success rate, and attestation effectiveness. Lido and SSV Network will present a proposal to the Lido DAO, suggesting which clusters and participants should proceed to the mainnet.
The Lido x SSV DVT testnet is complete ✅ Lido SSV validators coming to a mainnet near you soon.
Thrilled to announce the completion of the 3rd testnet of SSV on @LidoFinance! All SSV clusters have passed with superb metrics compared to the network average and testnet benchmarks. The power of DVT is showing 🤖
27% of the ETH supply is now staked
Lido & @SSV_Network are going to mainnet 🎉 The Lido x SSV Simple DVT testnet is over, with aggregate validator performance exceeding all performance benchmarks. blog.lido.fi/simpledvt-ssv-… In the coming weeks, selected participants will be onboarded to mainnet Lido Simple DVT
The first batch of Simple DVT validators on Lido are now active 🌐
Lido Rebrands with Fuzzy Logo as UNI Incentives Launch
Lido unveils a simplified, fur-inspired logo refresh coinciding with their modular architecture transition. The rebranding emphasizes alignment with user-friendly staking solutions. - **UNI Liquidity Incentives**: Program officially launches after months of preparation - **Modular Architecture**: Lido implements new technical framework for improved scalability - **Brand Evolution**: New fuzzy logo represents accessibility and warmth in DeFi The changes come as Uniswap deploys Unichain, marking significant infrastructure upgrades for both protocols. These developments signal maturation in DeFi's user experience and technical capabilities.
Uniswap Launches New Liquidity Incentives Campaign
Uniswap is launching a major liquidity incentive program starting April 15, 2025. The **3-month campaign**, managed by Gauntlet, aims to boost liquidity across Unichain. Key details: - Focuses on 12 key pools including wstETH/ETH - Millions in $UNI rewards available - Rewards claimable through Merkl platform This follows previous successful incentive rounds on multiple networks: - Mainnet pools received wstETH rewards - Optimism pools earned OP tokens - Arbitrum pools distributed ARB tokens [View rewards and participate via Merkl](http://merkl.angle.money)
Lido Announces Permissionless Module Launch
Lido Finance is expanding its staking capabilities with a new permissionless module. This development marks a significant step towards democratizing Ethereum staking. - The module will enable home staking without requiring permission - Implementation expected in early 2025 - Aims to make staking more accessible to individual validators This update aligns with Lido's mission to simplify staking processes while maintaining decentralization. Users interested in becoming validators should monitor Lido's official channels for launch details.
Lido Analytics Weekly Report: December 2-9, 2024
**Key Metrics:** - TVL increased 8.21% to $39.46b, driven by token price growth - 14,880 net ETH staked via Lido protocol - stETH 7-day APR rose to 3.03% (+15 basis points) - (w)stETH trading volume up 61.27% to $2.38b **DeFi Activity:** - Collateral markets: 3.06m stETH (+2.87%) - Liquidity pools: 95.2k stETH (+16.14%) - Restaking: 1.55m stETH (+3.51%) **Multichain Status:** Total bridged wstETH at 178,848 (-0.21%) Notable changes: - BNB: +302.98% - zkSync: -30.68% - Starknet: -22.88%
One Month of Community Staking Module (CSM): Performance Review
After one month on mainnet, Lido's Community Staking Module (CSM) shows promising results: - 214 new permissionless operators onboarded - 80% growth in total operators (265 to 479) - 0.4% of Lido's TVL now managed by CSM operators **Performance Metrics:** - 99.2% of validators met performance threshold - 99.4% attestation inclusion rate - Only 2.2% operators missed rewards distribution Currently in Early Adoption mode with 1.5 ETH bond requirement for first validators. Full permissionless mode planned for coming months. Second round of CS grants launched to support tooling development.