182 - In Defense of Lido, w/ Hasu
Bankless
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Navigating MEV and Governance in Lido
This chapter explores Lido's strategies for managing miner extractable value (MEV) within Ethereum's proof of stake framework, highlighting the implications for validators and reward equity. It emphasizes the decentralized governance model of Lido, particularly the dual governance structure that empowers both LDO token holders and staked ETH holders with decision-making authority. Additionally, the chapter addresses the challenges of maintaining true decentralization and the implications for node operators amid evolving governance dynamics.
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