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Ep. 486 Safe and Secure Liquid Staking with Lido

CRYPTO 101

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Is Dual Token Governance a Threat to Ethereum?

LIDO is non-custodial. We don't have any control of user assets. Because you can't withdraw, there is a potential risk in the sense of if a hack is found in the beacon chain or our smart contracts. To mitigate that, we do a multi-million dollar ongoing bug bounty. If anyone finds critical vulnerabilities, we will pay them a significant sum.

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