Why 2.2 million verified identities could reshape who profits most in Lido ETH staking

Lido launched Identified Community Staker applications on Ethereum mainnet, creating a verification track that gives individuals priority terms in the protocol’s Community Staking Module.

Per Lido, ICS uses a points system across experience, engagement, and humanity. Applicants must meet minimum thresholds in each category and reach at least 15 points to qualify.

The program is designed to tilt CSM capacity toward independent operators after the permissionless opening earlier this year brought a wave of registrations. Lido reports that about 450 operators signed up following the January permissionless shift, which reduced room for smaller setups to deposit validator keys.

ICS applicants who pass review unlock parameters set for CSM v2, including a 6% reward share on the first 16 keys, a 1.5 ETH bond for the first key, priority deposits for the first 10 keys, and wider acceptable performance ranges compared with the default permissionless track.

Lido says the...

7.86K

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.