6min chapter

The Defiant - DeFi Podcast cover image

Hasu: Lido's Staked ETH Poses No Systemic Risk to DeFi

The Defiant - DeFi Podcast

CHAPTER

Is Lido in a Mining Pool?

Lido makes sure that note operators adhere to certain rules. That's much better than having one centralized custodian, custodial entity, controlling all thi stake. And i think you're right that it is ly useful to have a more liquid stake the derivative. Every one kind of gains from these notwork effects. But i wanted to just like clarify what the risks are. Tsor: How how like is it for ligtos 29 note operators, or whatever the number may be, can collude or coordinate some sort of attack? Is there a way to to prevent this? Or, like, what? What's kind of the risk of that happening?

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