6min chapter

The Defiant - DeFi Podcast cover image

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

The Defiant - DeFi Podcast

CHAPTER

Decentralized Derivatives Exchange - Can Lido Help?

In the past few weeks, state is that the derivative that lido gives in exchange for deposited et has started trading below eth itself. And it's becoming increasingly difficult to generate liquidity and sell est eth for eth. Is there a point where the dust settles and things are naturally resolved, or can lito do something that proactively helps the situation? What are the ramifications and risks of this to the defi space as a whole?

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