Lido on Solana begins V2 upgrade that will allow operators to use their existing public Solana nodes with no more than 5% commission

Liquid staking protocol Lido Finance's staking solution technology developer P2P Validator on Solana announced that Lido on Solana has started the V2 upgrade, and the upgrade will continue until December 8. The upgrade focuses on validators, allowing operators to use their existing public Solana nodes for a commission of no more than 5%. The proposal has previously been voted by Lido DAO, and the code has been audited by Neodyme. At the same time, P2P Validator stated that the distribution model of staking rewards will also be slightly changed. In the current version of the smart contract, all rewards are distributed between node operators (5%), DAO treasury (4%), developers (1%) Simultaneously accurate distribution between Stakeholders and Stakeholders (90%), after upgrade, 5% (maximum value, can be set lower) to Node Operators, then subtract DAO treasury (4%) and developers from the remainder (1%) fee, and the remaining share goes to stakeholders.