LDselmon is used for monitoring and alerting, it is used to monitor the IPMI subsystem. It should release memory when not in use.
What version of LDMS are you running?
What alert rulesets do you have configured on this server?
i am not sure, right now i have it disabled, when it is running it keeps the cpu load at 25%. i am not sure if we even need this program, no one has said anything about not getting into the server yet.
is there a log that i can look at to see what is hapening