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Lido DAO launches its Community Staking Module to boost Ethereum decentralization

  • 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.

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