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MonetSupply - Perspectives on MakerDAO Governance

I Pledge Allegiance

CHAPTER

Lido's Position in the Market as the Dominant Ethereum Staking Provider

i think people are concerned about lido having two rate of a stake in ethereum staking which i think it makes sense if one entity has enough stake to halt the chain for instance and that's definitely a cause for concern. Lido splits their stake among a bunch of independent node operators who are running in various places all over the world at least as of right now there's not a way for lido to like recall that stake from operators, says steeth peg. put that pretty well very easy to argue against the e-staking models i think in all cases but i think yeah there's maybe some exceptions," he said.

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