Lido completes first validator consolidation: 8.4 million ETH to move into CMv2
- —The consolidation will affect about 8.4 million staked ETH
- —Migration is from the legacy Curated Module to the new CMv2
- —This is the first validator consolidation for Lido Core
Why it matters: Improved staking efficiency at the largest protocol could boost ETH inflows into staking and affect the asset's supply.
Source: Coinfomania