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Lido Launches Community Staking Tribe Program

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Lido, a liquidity collateral agreement, announced a new plan called "Community Pledge Tribe" as part of its "Lifeguard" plan for the Lido community. The goal is to transform the employees and contributors of Web3 organizations (whether they are companies or DAOs) into independent Ethereum collateral holders by authorizing them to use the Lido community collateral module (CSM) to operate verification nodes. Cross-chain liquidity collateral agreement and Lido alliance member Drop will be the first organizations to participate in the program, and Dappnode will serve as the collateral hardware provider.

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