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
馃強 Lido Poolside Event
**Lido Poolside: Decentralization** event scheduled for **December 11 at 14:00 UTC** Key topics include: - CSMv2 updates - CMv2 landscape overview - Latest developments on GOOSE-3 & EGG initiatives This year-end session focuses on Lido's **decentralization roadmap** progress and strategic updates. [Register here](https://luma.com/62h7rxqy) to secure your spot for this dedicated protocol update.
Lido DAO Votes on Node Operator Fees and Treasury Yield Strategy
**Two key Snapshot votes are live until December 1:** - **Curated Module Fee Adjustment** - Updates Node Operator fees to match current market conditions as an interim measure before Staking Router v3 and Curated Module v2 launch with automated pricing - **Treasury Stablecoin Conversion** - Proposes converting DAO stablecoins into sUSDS or tokenized money-market funds to generate yield on idle treasury assets Both proposals aim to optimize protocol competitiveness and treasury management. **Looking ahead:** Lido V3 expected to deploy onchain in December. [Vote on Snapshot](http://snapshot.box/#/s:lido-snapshot.eth)
Lido DAO Votes on NEST Framework to Enable Future LDO Token Buybacks
**NEST (Network Economic Support Tokenomics)** is now live for voting - a modular system that would enable Lido DAO to repurchase LDO tokens using stETH from its treasury. **Key Details:** - First practical version expected **December 2025** - Built as extension of STONKS smart contracts for secure treasury swaps - Automatically routes purchased LDO back to Lido DAO Treasury - This proposal only covers development of technical infrastructure **Important Note:** This is **not a buyback proposal** itself - it only builds the technical foundation. Actual buyback activation would require a separate onchain vote. **Next Steps:** If approved, detailed research and design work begins. Core contributors plan to initiate broader buyback mechanism discussions on the forum shortly after. [Cast your vote here](https://snapshot.box/#/s:lido-snapshot.eth/proposal/0x4267fe277e52a3550e82286af96948a258392ddd303df6b479c4d8f4664acdd0)
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.