Bankless ETH Staking Panel | Coinbase, Lido, Rocket Pool
Jul 15, 2021
Ejaaz Ahamadeen, Product Manager at Coinbase, Vasiliy Shapovalov, Co-founder of Lido Finance, and Darren Langley, General Manager of Rocket Pool, delve into the evolving landscape of ETH staking. They discuss the benefits of Staking-as-a-Service for those unable to run validator nodes and explore the intricate balance between centralization and decentralization. The panel addresses the importance of diverse staking options, the impact of fees, and the role of community governance in enhancing Ethereum's resilience while navigating challenges like Maximum Extractable Value.
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Staking Service Approaches
- Each staking service prioritizes different aspects, like ease of use, liquidity, or decentralization.
- Understanding these trade-offs helps users choose the best service for their needs.
Staking Options
- Prioritize self-custody and staking at home if possible.
- Consider staking services as an alternative option for easier participation.
Staking's Dual Nature
- Staking involves individual profit motives and a public good aspect.
- Balancing these two is important for a healthy Ethereum ecosystem.