CSM v2 Snapshot Vote
The vote seeks DAO approval for CSM v2, a revamped staking module designed to empower home stakers. This upgrade introduces customizable operator types, entry gates, and performance-based scoring, alongside EIP-7002 support, enhancing Ethereum’s security. If approved, an on-chain vote and coordinated rollout will follow, potentially setting a new standard for staking protocols. Lido’s push for decentralization—backed by a diverse node operator base—aims to reduce reliance on centralized players, a nod to its mission since launching in 2020.Recent NewsLido’s been on a roll lately. In May 2025, the project completed a security audit for CSM v2 via Code4rena, earning praise for its robust design. Earlier this month, Lido hit a milestone with over 35.8 million ETH staked (per Coinbase’s latest figures), solidifying its position as the top ETH staking provider. This momentum underscores the timely nature of the CSM v2 vote, reflecting Lido’s commitment to evolving with Ethereum’s ecosystem.Future PlansLooking ahead, Lido plans to expand CSM v2’s features post-rollout, including enhanced restaking options via EigenLayer integration and improved user interfaces for stakers. The roadmap also hints at exploring new AVSs (Actively Validated Services) to diversify staking rewards, positioning Lido as a leader in DeFi innovation through 2026.Onchain DataAs of July 23, 2025, Lido manages 32% of Ethereum’s staked ETH, with daily staking transactions averaging 1,200 (based on Etherscan insights). While specific CSM v2 voting data isn’t public yet, the protocol’s TVL (total value locked) sits at $34 billion, per DeFiLlama, signaling strong community trust. These metrics highlight Lido’s influence, though exact vote turnout remains to be seen.Community SentimentX is buzzing with excitement. Influencers like The Yield Boy call it “decentralization maxing,” while Shift DeFi predicts other protocols might adopt similar flows if successful. Some users express cautious optimism, noting potential risks like implementation delays, but the overall vibe leans positive, with over 200 retweets and growing engagement since the announcement.Additional InsightsThis upgrade arrives as Ethereum’s staking ratio climbs to 28% of its supply, per Everstake’s Q4 2023 analysis, outpacing competitors like Rocket Pool. For users, CSM v2 promises lower barriers to entry and better rewards, though early adopters should watch for teething issues during the rollout. The broader market trend favors decentralized staking, making this a pivotal moment for Lido.
Lido DAO
July 28