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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Stakely launches Simple CSM, aiming to simplify Ethereum stake process
According to Chainwire on January 30th, Stakely, a Block chain infrastructure provider in Spain, launched Simple CSM to lower the operating threshold of ETH 2.0 validators. This solution is based on Lido's community stake module (CSM), which allows users to participate in ETH stake without technical experience, while Stakely is responsible for Node setup, performance optimization, and maintenance.
According to the introduction, Simple CSM eliminates the need for complex server management, and users only need to provide 2.4 ETH (first validator) or 1.3 ETH (subsequent validators) as collateral.