What are the advantages of CSM over regular staking?
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A small addition to the parameters proposal above:
Under the proposed migration plan, the Node Operators will leave a portion of their keys (~500 keys each) in CMv1 while migrating the rest to CMv2.
This is needed to keep stake distribution fair for all operators, regardless of when they are migrated. If some Node Operators were able to migrate all of their keys to CMv2, while others remained in CMv1 until later, earlier-migrated operators could end up in a more favorable position. By leaving a portion of keys in CMv1, withdrawal demand can continue to be fulfilled proportionally across all operators until the CMv1 module is fully emptied.
To keep the fee structure consistent across both modules simply operational flows, we propose reducing the Public Good Operator fee, formerly referred to as the Client Teams fee, in CMv1 from 4.5% to 4%, effective September 1. This is in-line with the 4% effective fee the PGO type will have in CMv2.
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In light of the upcoming release of CMv2, Lido contributors have compiled all the parameters and key values to be used.
IPFS - https://ipfs.io/ipfs/bafkreicqszjmk5gukiuo7etjkbwf2ofct72nvn4557hlumcg2jnjixb3ga
Most of the parameters were already posted in this thread or used for the previous releases. Still, we recommend reviewing the file and requesting clarifications, as this set of parameters is planned for use in the CMv2 release.
EDIT: IPFS link updated to include recent params.
Changed
- maxDepositsPerBlock = 150 // Up to 150 32 ETH initial deposits per single deposit TX
- minDepositBlockDistance = 25 // Minimal block distance between deposit TXs
+ maxDepositsPerBlock = 100 // Up to 100 32 ETH initial deposits per single deposit TX
+ minDepositBlockDistance = 75 // Minimal block distance between deposit TXs
to reflect the most recent security considerations from the analytical recearch.
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