Community Staking Module

Community Feedback For CSM Expansion

REGOOSE’s goal to “stay focused on security and decentralization” and GOOSE-2’s goal to “Establish an Open Market for Validators” are aligned with increasing the Community Staking Module (CSM) share of TVL from 1% to 2% and moving towards permissionless node operators (NOs).

We believe the benefits of CSM have been extensively elaborated over and do not require a thorough analysis here. In short, for the community, the prospective benefits are:

  • An opinionated validator set
  • Decentralization
  • Increasingly equitable participation
  • Ethereum alignment

The early adoption phase of the CSM yielded positive constructive results, and the proposed policy change is in line with GOOSE. In turn, we are in favor of expanding the CSM.

Sources:

3 Likes

Starting the year with some validator decentralization sounds fantastic!

I think after the Early Access phase is over, a significant part of the module’s allocation will be captured by big players. Even if this happens, that’s not necessarily a bad thing, as CSM is the first of the modules that foster decentralization and it has shown the way (and the code!), effectively providing the template for other modules that want to help decentralize the validator set and create a validator market as per GOOSE-2.

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Snapshot vote started

Please get your wallets ready to cast a vote :white_check_mark:, the CSM: Enable Permissionless Phase and Increase the Share Limit Snapshot has started! The Snapshots ends on Mon, 23 Dec 2024 16:00:00 GMT.

3 Likes