Open account

Myrmidon Staking Launches Ether Pool With 0.01 ETH Minimum on Lido V3

Denmark-based Myrmidon Staking has launched a pooled Ethereum staking product built on Lido V3 stVaults and Northstake SVM tools. The pool lowers participation barriers by setting a minimum deposit of 0.01 ETH, well below the standard 32 ETH required for independent validators. Users receive stv tokens representing their vault shares, while withdrawals are processed via an exit queue. Myrmidon charges a 10% fee strictly on staking rewards, implements a 50% reserve ratio, and aims to accumulate 1,000 ETH in deposits within 12 months. The operator has operated slash-free since 2023.

Category

Ethereum

Sentiment

Bullish

Event

Product partnership

Reading time

1 min