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Is Lido's Monopoly a Threat to Ethereum? | Roundup

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Is Lido a Smart Contract?

I'm of the mind that competition in the staking as a service space is very positive and healthy for a network because you never want it's like a fair victory. If Lido captures 100% of the market, that would be a terrible outcome. It's purely for decentralization reasons. And so I think there could be a smart contract by Gengen Lido. They could be aSmartContract byGengen Rocket Pool. We'll see either Monday or Friday, but we have an avalanche episode. That drops on Monday. Avalanche just had a big announcement, which actually they did, they announced it right after we stopped recording.

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