Lido has proposed to expand the Simple DVT module, which, if approved, will increase the maximum target share of the module to 4%

2024-05-24 16:16:53
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ChainCatcher news, Lido has initiated a proposal to expand the Simple DVT module, including allowing the creation of larger node operator clusters (referred to as Super Simple DVT Clusters) and increasing the maximum target share of the module from 0.5% to 4%.

Additionally, the proposal also involves exploring how to provide extra rewards to users and the protocol through an increase in DVT validators. This will help solidify stETH as the safest and most decentralized LST, supporting its position in the DeFi and LRT ecosystems.

The expansion of the Simple DVT module will facilitate the entry of the first independent and community stakers, which is expected to further enhance the resilience, security, and infrastructure distribution of Lido-related validators. By increasing the target share and adding Super Simple DVT Clusters, the adoption of DVT can be better promoted while providing reasonable economic benefits to participants, DVT providers, and the DAO.

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