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Lido's Curated Module v2 aims to reduce Ethereum validators by one-third.
Lido has introduced Curated Module v2, an upgrade to its liquid staking infrastructure, which is set to consolidate over 8 million staked ETH onto Ethereum's newer validator architecture. This migration could decrease the total number of Ethereum validators from approximately 880,000 to around 628,000. The reduction is facilitated by Ethereum's Pectra hard fork, which raised the maximum effective validator balance from 32 ETH to 2,048 ETH.
Key points
- Lido's Curated Module v2 upgrade aims to consolidate over 8 million staked ETH onto Ethereum's newer validator architecture.
- The migration could decrease the total number of Ethereum validators from approximately 880,000 to around 628,000.
- The reduction is facilitated by Ethereum's Pectra hard fork, which raised the maximum effective validator balance from 32 ETH to 2,048 ETH.
Sources
AI-generated from public news sources. Not financial advice.