Myrmidon Launches Ether Staking Pool With a 0.01 ETH Minimum

Myrmidon Staking has launched a pooled Ether (ETH) service with deposits starting at 0.01 ETH, giving users a way to participate in staking without activating their own Ethereum validator, which requires 32 ETH.

The service combines Lido V3 stVaults and Northstake SVM management tools and data with Myrmidon’s validator infrastructure and user interface. Depositors receive stv tokens representing a share of the underlying vault. ETH withdrawals go through a queue.

Myrmidon set a target of 1,000 ETH in deposits within 12 months. It lists a fee of 10% of staking rewards.

Myrmidon says it has run Ethereum validators since 2023 without a slashing incident and puts its peak stake at about 1,200 ETH.