DeFi· ★★★· neutral·

Lido: 40% of staked ETH now runs on 0x02 validators

  • —Share of staked ETH on 0x02 validators reached 40%
  • —About 1.8 million ETH migrated off legacy 0x01 validators
  • —Total ETH on 0x02 validators rose by 2.8 million
  • —Lido's share of 0x02 stake climbed from 32% to 52%
Why it matters: Consolidation is set to cut the validator count from 880,000 to about 628,000 and ease network load.
#ETH
Source: Crypto Briefing
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