The Easiest Path to Mainnet: Squad Staking in Lido CSM
The Community Staking Module (CSM) is the first Lido module with permissionless entry, allowing any node operator to operate validators by providing an ETH-based bond (security collateral). By Squad Staking in Lido Community Staking Module (CSM), it’s easier than ever to become an Ethereum mainnet validator.
Powered by Obol DVs, Squad Staking allows a single validator to be run by a group of individuals, reducing the financial and technical barriers for home operators. Whether you're new to Ethereum staking or a seasoned operator, Squad Staking makes staking on Ethereum mainnet accessible for everyone. This is an exciting opportunity to validate on Ethereum mainnet, secure a Silver Techne Credential, and become part of the growing Obol Decentralise Validator Ecosystem.
Right now, Lido CSM is in the “Early Adoption” phase. During this phase, at least one person within your squad must be on the Lido early adoption list. Note that the list includes Techne Credential holders!
(Note that while in the early adoption phase, stakers will not contribute to the RAF and earn Obol Contributions, until a splitter integration for CSM is built into the launchpad.)
Why Squad Stake in Lido CSM?
1. Obtain the Silver Techne Credential
Squad Staking in Lido CSM offers you the chance to obtain a Silver Techne Credential, a prestigious on-chain attestation of your skill and experience running distributed validators on mainnet. Techne Credentials build your track record and unlock opportunities for delegated staking opportunities.
2. Power of a Squaaad
When Squad Staking, you’re never on your own. The responsibility of running validators is shared among your squad, reducing risks, lowering the ETH bond requirement, and giving you a helpful support group. The bond for Lido CSM is only 1.5 ETH, which can be divided between everyone in your squad. That means, for a group of 4 or 7 operators, you can begin staking on Ethereum mainnet with less than $1,000 of bond required, 80x less than with traditional staking!
3. Boost Your Rewards
Squad Staking in the Lido CSM receives up to 2.3x more rewards than traditional solo staking. This is because you collect fees from Lido delegated ETH, making this one of the most profitable ways to validate on Ethereum.
Who is this for?
Aspiring Mainnet Validators
If you've never validated on Ethereum mainnet before, Squad Staking in the Lido CSM offers you the easiest path to mainnet. Team up with friends, split the 1.5 ETH bond and obtain the Silver Techne Credential, putting you on the path to becoming a recognized operator in the Obol Validator Community.
Experienced Mainnet Validators
For experienced validators, participation in the Lido CSM builds experience and credibility participating in Ethereum’s largest staking pool, opening the door for more opportunities in the future. And besides, it’s just more fun to stake with a squad!
Get Started Now
We hope that no matter your experience level, you recognize CSM as a unique opportunity and are excited to get started. Head over to our discord at discord.gg/obol to find more information, our check out squadstaking.com/csm.