Low Gas Fees for Layer 2 Staking
Low Gas Fees for Layer 2 Staking
🤑 Staking Bonanza!
Several Layer 2 scaling solutions are offering low gas fees for staking operations. Optimism has the lowest fee at $0.01, followed by Base at $0.02, Arbitrum at $0.06, zkSync at $0.10, Mantle at $0.41, and Linea at $0.65. This development makes staking more accessible and cost-effective for users.
It's low gas L2 staking time: - Optimism: $0.01 - Base: $0.02 - Arbitrum: $0.06 - zkSync: $0.10 - Mantle: $0.41 - Linea: $0.65 We're living in a Dencun world 🏖️
🗳️ Lido DAO Major September Votes
Lido DAO launches September governance votes featuring significant protocol upgrades. **Key Proposals:** - **Lido V3 Staking Vaults**: New noncustodial infrastructure supporting operator-led liquid staking, institutional vaults, and custom DeFi strategies - **CSM v2 Onchain Release**: Community Staking Module upgrade with share limit increase from 3% to 5% - **NEST Tokenomics**: Framework for potential LDO repurchasing using stETH (not yet a buyback proposal) - **Triggerable Withdrawals**: Enhanced validator exit capabilities **Voting Timeline:** - Snapshot votes: Sept 22-29, 4PM UTC - Aragon votes: Sept 23-28, 2PM UTC The stVaults Committee will oversee new vault performance using established risk frameworks. All proposals have undergone audits by multiple security firms. [Vote on Snapshot](https://snapshot.box/#/s:lido-snapshot.eth) | [Vote on Aragon](http://vote.lido.fi/vote/192)
🏦 Lido Goes Institutional
Lido's **Poolside Community Call** is shifting focus to institutional topics on October 16th. The discussion will cover: - **Ethereum ETFs and ETPs** - exploring institutional investment vehicles - **Future of Lido Core** - deep dive into protocol development This marks an evolution from the original Node Operator-focused format to broader institutional conversations. **When:** October 16th **Details:** [Register here](http://luma.com/xtueo7ym)
Lido GGV Reaches $50M TVL Milestone
**Lido's GGV protocol has crossed $50 million in Total Value Locked (TVL)** just two days after its recent milestone. This achievement comes months after Lido hit an all-time high of **$41 billion in TVL** back in August, demonstrating continued growth in the staking ecosystem. The rapid TVL accumulation in GGV shows strong adoption of Lido's expanded staking services beyond their core Ethereum offering.
Lido Stakers Earn $20M in Weekly ETH Rewards
**Lido stakers collected 4,647 ETH in rewards** last week, worth approximately $20 million. This represents a slight increase from the previous week's 4,467 ETH payout, though the dollar value dropped from $23.3 million due to ETH price fluctuations. **Key highlights:** - All rewards distributed in staked ETH - Consistent weekly reward distribution - Total rewards reflect network staking activity The steady reward flow demonstrates Ethereum's proof-of-stake mechanism working as designed, providing regular income for network validators.
Lido V3 Showcases Institutional Staking Features at EthCC
Lido presents multiple sessions at EthCC focusing on their V3 platform's institutional staking capabilities. Key highlights: - New stVaults feature enables customized validator setups via CLI or web UI - Maintains full stETH liquidity and DeFi access - Community Staking Module aims to make home staking more sustainable - Sessions cover institutional adoption, decentralization, and Asian staking communities Events run June 30 - July 3 in Cannes, featuring technical demos, panel discussions, and networking events. Presentations focus on how Lido V3 balances institutional needs with decentralization goals.