CSM Early Adoption: Unique Opportunity for Ethereum Solo Stakers

TLDR

• The Early Adoption period offers solo stakers priority access to CSM mainnet and the unique benefit of a reduced bond requirement (1.5 ETH) for initial validators, as well as up to 2.37x potential higher rewards per ETH compared to solo staking.
• Eligible groups include Ethereum/Gnosis solo stakers, Obol Techne credential holders, Lido OAT holders, and high-performing CSM testnet participants, etc.
• Check your eligibility here.

What is CSM?

Solo stakers are an integral part of Ethereum’s censorship resistance and credible neutrality. Their importance has been widely recognized within the Ethereum community since the launch of the Beacon Chain. 

As part of the Ethereum ecosystem, Lido’s Community Staking Module (CSM) - the first Lido on Ethereum module allowing for permissionless Node Operator entry - aims to empower new solo operators to participate in Ethereum validation while offering existing stakers an alternative pathway.

The Early Adoption Program

As part of the launch, the Early Adoption program offers exclusive bonuses to early participants, specifically designed to reward community stakers for their contributions to Ethereum’s security. Eligible operators will benefit from reduced collateral requirements and enhanced rewards upon the launch of the CSM mainnet.

As proposed, all eligible operators in the program will be able to:

1. Run their first Ethereum validator on CSM with a reduced bond requirement of only 1.5 ETH, compared to the 2.4 ETH required for non-early Adoption operators. This represents one of the most competitive bond requirements available in the market;
2. Potentially up to 2.37 times higher rewards per ETH compared to vanilla solo staking, providing a significant incentive for early involvement;
3. Gain early access to the CSM mainnet, allowing them to set up validators from the outset without facing unnecessary competition from professional operators and large staking entities for ETH allocations;
4. Enjoy all these benefits whenever they participate in the CSM mainnet, even beyond the Early Adoption phase.

Note: Operators can run up to 12 validators during the Early Adoption phase. After this phase, there is no limit on the number of validators each operator can run. 

Early Adoption Eligibility

In addition to the curated Ethereum solo stakers, several other groups have been included.

The final proposed list of sources is presented below, and the specific filtration rules are detailed in the research forum:

• Ethereum solo stakers list formed by the Rated;
• Ethereum solo stakers lists formed by StakeCat;
• Gnosis solo stakers list formed by StakeCat;
• Obol Techne credentials holders;
• Lido OAT holders with 6+ points on Lido Galxe Space: Lido community stakers, such as participants from the Simple DVT testnet who claimed the associated OATs, may be categorised within this source;
• Performant CSM testnet participants;
• Purchasers of Dappnode Home x Lido before September 30th.

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