Curated Module Committee (CMC) reporting thread

General
6

An update to the initial plan given the updated 0x02 CSM Rollout Plan:

Step 2. Setting depositsReserveTarget to 1500-2000 ETH after 0x02 CSM release

Once 0x02 CSM goes live, it will be the most staking module with the highest reward share for the Lido DAO. In addition, it will also be fully permissionless, which makes stake allocation to this module even more attractive. We believe that if there is demand from Node Operators to run validators in this module, setting depositsReserveTarget to a value between 1500 and 2000 ETH (the exact value to be defined and communicated later) is a reasonable decision that will drive stake towards 0x02 CSM at a faster pace.

Should be changed to:

Step 2. Setting depositsReserveTarget to 512 ETH after 0x02 CSM release

Once 0x02 CSM goes live, it will be the most staking module with the highest reward share for the Lido DAO. In addition, it will also be fully permissionless, which makes stake allocation to this module even more attractive. Though, due to the gradual rollout plan it will not be able to consume to much stake at a given moment. We believe that if there is demand from Node Operators to run validators in this module, setting depositsReserveTarget to 512 ETH is a reasonable decision that will drive stake towards 0x02 CSM at a faster pace.

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