How to Double Your Staking Rewards w/Lido’s Dmitry Gusakov

How to Double Your Staking Rewards w/Lido’s Dmitry Gusakov

Author: Galaxy Research November 6, 2024 Duration: 38:57
On Ep. 64 of Infinite Jungle, Christine chats with Dmitry Gusakov, Technical Lead for the Lido Community Staking Module (CSM), about the mainnet launch of the CSM. Gusakov explains how solo stakers can earn 2.3 times more rewards staking their ETH through the CSM than vanilla staking or staking 32 ETH on Ethereum directly. Gusakov shares the technical details of how the CSM works and why it is an important step towards making Lido permissionless and towards enabling the permissionless onboarding of new Lido node operators. He talks about what learnings were applied to the CSM from the mainnet launch of the Simple DVT Module earlier this year and what the next steps are for the CSM. He anticipates an end to the Early Adoption phase of the CSM as early as Q1 2025. This episode is the first in a two-part interview series with Gusakov. Show note links: https://csm.lido.fi/ https://operatorportal.lido.fi/modules/community-staking-module Timestamps: (00:01:38) Is the CSM truly permissionless? (00:06:15) What happens once the early adoption phase is over? (00:08:46) Why are rewards from the CSM higher than vanilla staking? (00:11:08) Why are validator rewards higher in the CSM than the Lido Curated Module? (00:13:09) Why is the CSM capped at 1% of total ETH staked in Lido? (00:17:36) When will the early adoption phase end? (00:21:31) Are there any reasons solo stakers may not be qualified to join the CSM? (00:26:01) What learnings from the Simple DVT Module have been applied to the CSM? (00:31:47) What is MEV stealing? This episode was recorded on Friday, October 29, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/

Each week, Christine Kim from Galaxy Research guides us through the dense and ever-shifting terrain of the Ethereum ecosystem in Infinite Jungle. Rather than offering simple explanations, this podcast immerses you in the complex processes and community debates that are actively redefining this digital landscape. You’ll hear detailed analysis on the technical upgrades, governance shifts, and emerging economic narratives that collectively determine how Ethereum evolves and what it might become. The conversations go beyond surface-level news to examine the underlying forces-the social dynamics, developer activity, and philosophical clashes-that shape real-world use and perceived value. For anyone engaged in the business of digital assets or curious about the future of decentralized systems, this series provides essential context, translating intricate developments into coherent stories. Tune into the Infinite Jungle podcast for a thoughtful, weekly perspective that helps you navigate the continuous growth and challenging questions within one of the most significant platforms in the space.
Author: Language: English Episodes: 93

Infinite Jungle
Podcast Episodes
ACDC #142: Pectra FUD Gets Worse [not-audio_url] [/not-audio_url]

Duration: 27:45
On Ep.51 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Consensus (ACDC) call #142. Developers did not reach a decision about how to split the Pectra hard fork into two separate upg…
ACDE #196: The Great Pectra Split [not-audio_url] [/not-audio_url]

Duration: 35:14
On Ep.49 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Execution (ACDE) call #196. Christine shares updates about the launch of Pectra Devnet 3. She also dives into the implication…
Exploring Paths Forward for PeerDAS & Home Stakers [not-audio_url] [/not-audio_url]

Duration: 33:47
On Ep. 48 of Infinite Jungle, Christine chats with Nixo Rokish, Executive Director of EthStaker, and Yorick Downe, Founder of CryptoManufaktur and Blockchain Engineer at Galaxy, about changes to the staking deposit CLI t…
ACDC #141: The Viability of Home Staking on Ethereum [not-audio_url] [/not-audio_url]

Duration: 34:42
On Ep.47 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Consensus (ACDC) call #141. Christine highlights progress being made on Pectra, the next Ethereum upgrade. She also dives int…
ACDC #140: Explaining PeerDAS, the Main Code Change in Pectra [not-audio_url] [/not-audio_url]

Duration: 34:26
On Ep.46 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Consensus (ACDC) call #140. Show note links: https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-…
ILs, ePBS, Preconfs, and More! Oh, the Possibilities of Commit Boost! [not-audio_url] [/not-audio_url]

Duration: 35:53
On Ep. 45 of Infinite Jungle, Christine speaks with Drew Van der Werff, independent Ethereum researcher, and Alex Stokes, Ethereum Foundation Researcher, about commitment boost, an Ethereum validator sidecar that standar…
ACDE #194: EILI5 ePBS Edition [not-audio_url] [/not-audio_url]

Duration: 37:50
On Ep.44 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Execution (ACDE) call #194. Show note links: https://www.galaxy.com/insights/research/ethereum-all-core-developers-execution-…
The Next Big Unlock For Institutional Adoption of ETH [not-audio_url] [/not-audio_url]

Duration: 34:40
On Ep. 43 of Infinite Jungle, Christine speaks with Chris Perkins, Managing Partner and President of CoinFund, and Andrew Baehr, Head of Product at CoinDesk Indices, about CESR, a daily benchmark rate that represents the…
ACDC #139: The Role of ACD Call Chairs in Ethereum Governance [not-audio_url] [/not-audio_url]

Duration: 34:45
On Ep.42 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Consensus (ACDC) call #139. Show note links: https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-…