Lido launches large-scale Ethereum staking consolidation upgrade, expected to reduce the number of Ethereum validators by approximately one-third

TechFlow News, July 27: According to CoinDesk, Lido has launched its largest upgrade since V2, planning to integrate over 8 million staked Ethereum, valued at approximately $16.5 billion, into the new validator architecture following Ethereum's Pectra upgrade.

The official team stated that this move is expected to reduce the total number of validators on the network by approximately one-third and compress attestation messages per epoch by approximately 29%, thereby reducing the load on the Ethereum consensus layer and improving backend network efficiency. Meanwhile, Lido is also migrating its curated module node operators to CMv2, introducing an ETH collateral mechanism for the first time to enhance the economic constraints on node operations.