DeFi· ★★· neutral·

Myrmidon Staking launches pooled ETH staking on Lido V3 stVaults

  • —Minimum stake is 0.01 ETH; operator fee is 10% of rewards only
  • —Pool targets 1,000 ETH within 12 months of its October 14 launch
  • —The pool carries a 50% reserve ratio
  • —Myrmidon has run validators since 2023 with zero slashing, peaking near 1,200 ETH
Why it matters: A lower entry threshold broadens access to ETH staking but concentrates trust in the operator and the stVaults smart contracts.
#ETH#LDO
Source: Crypto Briefing
More on this
DeFi · Oct 2
Nansen reports 200,000 stakers and $2 billion staked in Lido V3
 Security · Oct 1
MetaMask Staking Pulls Validators From Lido After Security Incident
 DeFi · Oct 9
Lido to launch Lido Lend, a security-first lending protocol for institutions on Morpho Blue