Lido upgrades modules and consolidates eight million ETH
Lido launched its largest protocol upgrade since Lido V2, deploying Curated Module v2 and Community Staking Module v3 while consolidating over 8 million ETH onto larger post-Pectra validators. The project is moving more than 260,000 validators from 0x01 to the 0x02 standard, enabling single validators to hold up to 2,048 ETH instead of 32, which raises the share of ETH on large validators from about 32% to roughly 52%. The change cuts Ethereum's total validator count by nearly a third and trims attestation messages by an estimated 29% per epoch, and adds collateral requirements and new CSMv3 governance paths.
Lido migrated 260,000 validators to 0x02 increasing large validator capacity
Context
Lido recently completed its biggest upgrade since Lido V2. It shifted many validators to a new 0x02 standard and updated staking modules. This could reduce validator counts and change staking governance and operator risk.
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