2min chapter

Bankless cover image

ROLLUP: Bitcoin NFTs | Canto | FOMC Interest Rates | Blur OpenSea Royalties

Bankless

CHAPTER

Culture Wars Between RPL, Rocket Pool, and LIDO

LIDO voted as to whether or not they should self-limit. This is some interesting culture wars between RPL, the Rocket Bowl community, and LIDO. If you are above a certain threshold of the percentage of Ethereum stake, that threshold being 33%, you have more powers than you would have if you had less than 33%. And so if things are more decentralized, if something like LIDO were to have 33% of all ETH stake, it could be very powerful.

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