Lido has started consolidating approximately $16 billion in staked ETH into larger validators under its newly approved Curated Module v2. This migration will move ETH from legacy validators capped at 32 ETH into new 0x02 validators that can each hold an effective balance of up to 2,048 ETH. The functionality was introduced through Ethereum’s Pectra upgrade and will initially seed approximately 3,882 new validator keys with 124,224 ETH. The remaining 7.82 million ETH will then be consolidated into the new validator structure to reduce operational overhead and the number of attestation messages processed by the network. The process could take at least 117 days under ideal conditions and continue into the first quarter of 2027.
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