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Lido Completes Validator Consolidation with 8.4M Staked ETH on Lido Core

Guavy AI Editorial Team
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Lido Finance has made significant strides in its efforts to improve Ethereum staking by successfully completing its first validator consolidation on Lido Core.

This milestone marks a crucial step towards migrating approximately 8.4 million staked ETH from the legacy Curated Module to the new CMv2, which is expected to enhance efficiency and security of ETH staking for the broader Ethereum ecosystem.

The consolidation aligns with Lido's goal of improving user experience and staking efficiency on its platform, which enables users to stake Ethereum and other cryptocurrencies.

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