CryptoBird

Big update for @Stakingverse and LUKSO staking. We are currently onboarding a new node operator: @DevM8B. By taking this step, we are unlocking staking capacity on LUKSO responsibly, while strengthening decentralization, client diversity, and network resilience. Stakingverse has grown into a major part of LUKSO staking. That is good for $LYX holders, but it also means we need to be responsible about concentration. We do not want Stakingverse-controlled infrastructure to become too large a share of the network. By working with M8B as an additional node operator, we can increase staking capacity while improving validator and client diversity. M8B has been active in blockchain, DeFi, and node operations for years, and has worked across multiple projects in Web3. We have also worked with M8B for years and have full confidence in their technical expertise, reliability, and operational discipline. M8B has also been an advisor to Stakingverse since day one. They have been involved from the early stages, so this is not a random new operator relationship. It feels like a logical and trusted next step with a team that already understands Stakingverse, LUKSO, and the standards we want to maintain. M8B will operate under the Stakingverse setup, so the liquid staking token remains the same: $sLYX. Users will not need to switch to a different liquid staking token or fragment liquidity across multiple staking derivatives. A key part of this onboarding is client diversity. M8B will run node clients that are currently underrepresented on LUKSO, and in any case different from the clients used by the existing Stakingverse setup. This helps reduce correlated risk and contributes to a more stable network. We believe it is important that $LYX holders have access to staking. LUKSO staking should not stay blocked for any longer, for the sake of the network. That is why we are taking this step carefully: • experienced node operator • new operator infrastructure • better client diversity • shared $sLYX liquidity • phased capacity increases • safety-first onboarding We expect to start next week by opening the first 1 Million $LYX of new staking capacity in batches. More details will follow as we progress.