PANews reported on October 26 that according to The block, the community staking module (CSM) launched by liquidity staking provider Lido Finance has been launched on the mainnet. The plan, approved by Lido DAO community members, aims to make Ethereum staking more inclusive and break the high technical and financial barriers of traditional individual staking.
Dmitriy Gusakov, technical lead and community member at LidoDAO, said CMS will eventually become Lido’s first permissionless staking module. At launch, the protocol will be limited to participants in Lido’s “early adoption” period, which kicks off in early October, including Ethereum and Gnosis independent stakers, Obol Techne certificate holders, and others.
Once the mainnet launches, anyone with 1.5 ETH can become a node operator by bonding tokens to receive validator rewards. At current prices, this is about $3,800, although the bonding requirement for subsequent validators will be reduced to 1.3 ETH. In any case, this is much lower than the 32 ETH (about $81,000) typically required to start an Ethereum node.
