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Lido Finance Launches Community Staking Module As Whale Sells Off $LDO At A Loss

Tags: finance
DATE POSTED:November 3, 2024

Earlier this week, Lido Finance ($LDO) introduced the Community Staking Module (CSM) on the Ethereum mainnet, marking a significant development in its liquid staking solutions for proof-of-stake (PoS) networks.

CSM opens with an Early Adoption phase, where select solo stakers and high-performing participants from the testnet stage gain initial access.

This module enables any node operator to use Lido on Ethereum to run validators, with the capital requirement reduced to just 2.4 $ETH for the first validator.

By lowering the entry threshold, Lido aims to make validator operations more accessible to a broader range of participants.

⚡️ @LidoFinance $LDO has announced the launch of the Community Staking Module on mainnet

Lido kicks off the Community Staking Module on mainnet, starting with an Early Adoption stage. During the first stage, identified solo stakers and those who performed well during the testnet… pic.twitter.com/ZE3w1NHFOl

Tags: finance