One Month of Community Staking Module (CSM): Performance Review
One Month of Community Staking Module (CSM): Performance Review
馃殌 CSM's First Month Report
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.
CSM Reward Update: The first CSM rewards distribution, originally scheduled for November 22, has not occurred due to an issue in the off-chain Oracle code. - No funds are at risk, and rewards calculations remain accurate. - A fix is undergoing testing. - Rewards distribution
Hey CSM Solo Stakers 馃寪 The issue with the CSM Performance Oracle has been resolved and the report for the first CSM rewards has been finalized - time to claim your rewards! Claim your rewards here: csm.lido.fi/bond/claim
CSM Reward Update: The first CSM rewards distribution, originally scheduled for November 22, has not occurred due to an issue in the off-chain Oracle code. - No funds are at risk, and rewards calculations remain accurate. - A fix is undergoing testing. - Rewards distribution
馃彟 Lido Goes Institutional
**Lido Poolside Community Call** shifts focus to institutional territory on **October 16th**. The discussion will cover: - **Ethereum ETFs and ETPs** - institutional investment vehicles - **Future of Lido Core** - deep dive into protocol development What started as Node Operator conversations now expands to broader Ethereum discussions with builders, researchers, and contributors. [Register here](http://luma.com/xtueo7ym) and mark your calendars.
Hex Trust Adds Custody Support for Lido's stETH
**Hex Trust** now offers custody services for **Lido's stETH**, enabling institutional clients to access Ethereum staking rewards while maintaining liquidity. **Key benefits:** - Hold and deploy stETH within Hex Trust's platform - Earn Ethereum staking rewards - Retain liquidity for trading and operations This integration simplifies institutional staking by combining secure custody with liquid staking benefits. Institutions can now participate in Ethereum staking without locking up their assets. [Read more details](http://blog.lido.fi/hex-trust-adds-custody-support-for-steth-via-the-lido-protocol)
Ethereum Merge Anniversary: Three Years of Proof-of-Stake
**Three years ago today**, Ethereum completed its historic transition from Proof-of-Work to Proof-of-Stake in what became known as "The Merge." **Key achievements since the transition:** - 99.9% reduction in energy consumption - 100% network uptime maintained - Foundation laid for today's scalable infrastructure The Merge represented one of the largest technical upgrades in blockchain history, moving the entire Ethereum network to a more sustainable consensus mechanism without any downtime or disruption to users.
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.