stVaults Node Operators identification process has started
The Committee has started to process Node Operators public identification requests.
This process aligns with the Risk Assessment Framework for stVaults - Lido V3, providing an option for interested parties to disclose information required for more precise risk evaluation and a lower requirement for collateral for stETH minting (Reserve Ratio).
Current structure of Node Operators categories:
-
Unidentified Node Operators (permissionless)
-
Basic Identified Node Operators
-
stVault Professional Operator
-
stVault Professional Trusted Operator
-
DVT cluster
In terms of risk scenarios, defining reserve ratio structure, on top of already provided within Default risk assessment framework and fees parameters for Lido V3 (stVaults) for Unidentified Node Operators (permissionless) and Basic Identified Node Operators (default scenario of 100% of all validators across stVaults slashed for Node Operator) & DVT cluster there are two additional Node Operator categories, with modified risk scenarios :
-
75% of all validators across stVaults slashed for Node Operator from stVault Professional Operator category
-
50% of all validators across stVaults slashed for Node Operator from stVault Professional Trusted Operator category
With the assumption of Network slashing on top of slashings within stVaults remaining at 1% for all groups.
Specific Reserve Ratio structure and documentation on the process could be found in the End-to-end process to become an Identified Node Operator guide (which is expected to be updated shortly with a separate section for DVT cluster identification).