Liquid staking protocol Lido launched its Community Staking Module (CSM) on the Ethereum (ETH) mainnet on Oct. 25.
CSM aims to reduce barriers to Ethereum staking by allowing individuals to operate Ethereum validators with less technical know-how and a smaller Ether deposit requirement.
CSM is currently in the “Early Adoption” phase, with the fully permissionless phase set to go live soon.
Lido is currently the largest decentralized application by total value locked, with over $24 billion in its smart contracts.