Early Adoption for Lido Community Staking Module

in Community Staking by Lido

Overview

  • The CSM mainnet will initially operate in an Early Adoption mode, allowing identified  likely community stakers to participate in the module before it’s accessible to all.
  • Early adopters benefit from a special bond curve that further reduces the bond requirement for their first registered validator.
  • Verify your Early Adoption eligibility for the Holesky testnet here, and stay tuned for comprehensive information about the mainnet, which will be released shortly before its launch.
  • You can still qualify as an early mainnet participant by engaging in upcoming activities, such as the testnet.

 

What is CSM Early Adoption?

Community Staking Module (CSM) Early Adoption (EA) is an initiative to onboard a sub-set of identified likely solo stakers to CSM on mainnet prior to the module opening up to everyone. This mechanism safeguards against the potential crowding out of CSM’s capacity by large operators during the initial phase.

 

In addition to the ability to spin up validators using the CSM from the get-go, eligible operators also benefit from a reduced amount of collateral for their first registered validator. While the CSM is in the EA period, the number of validators each operator is permitted to register is capped.

 

Who is eligible?

The list of addresses eligible for the Early Adoption phase will be curated from multiple sources:

 

 

 

  • Obol Techne credential holders: The Obol Techne Credential Program is an initiative aimed at identifying individuals who have demonstrated proficiency in operating distributed validators. Holders of this credential are recognized as potential candidates to become CSM Node Operators.

 

  • Simple-DVT testnet community staker participants: Simple DVT Module represents the inaugural Lido staking module that empowers community stakers to participate in the Lido protocol by operating validators, leveraging DVT provided by Obol and SSV network.

 

  • Performant CSM testnet participants: CSM testnet Node Operators with good performance will be taken into account.

 

  • CSM-related Galxe OATs holders with 5+ points: Community members who have consistently engaged in both online and offline activities, and have collected relevant digital badges as proof of participation, will be taken into consideration.

 

The mechanics will undergo testing on the Holesky testnet, where an EA list for the testnet environment will be utilized. Please note that the final list for mainnet won’t be  equivalent to the testnet one. It will be updated to include eligible CSM testnet participants and the most recent data from other sources. Once CSM mainnet goes live, the list won’t be changed anymore.

 

What are the benefits of Early Adoption?

1. Early Access

Node Operators included in the Early Adoption list will gain exclusive access to the CSM  mainnet before it becomes available to all.

 

2. EA Bond Curve

One of CSM’s unique features is the ability to set bond curves on a per-operator basis, such as non-linear bonding, which allows Node Operators to run multiple validators with bond requirements that decrease based on the number of validators registered under a single address.

 

EA bond curve is a special curve that further lowers the entry barrier for the early participants in terms of bond required for the first validator per Node Operator. The reminder of the curve is identical to the default one.

 

 

How do I check if I’m eligible?

To check your Early Adoption eligibility for Holesky testnet, please visit the dedicated checker page or manually review the address collection in the .json file.

 

What if I'm not eligible yet?

Operators who are not currently included in the Early Adoption list still have opportunities to potentially qualify for future inclusion, such as through the following avenues:

  • Joining the upcoming community staking online/offline events (e.g. EthCC Stakers guild) and gathering Galxe OATs. If you join, don’t forget to ask and claim.

 

  • Participating in CSM public testnet with good performance.