Bankless

182 - In Defense of Lido, w/ Hasu

Aug 7, 2023

01:27:58

Creator website

Episode guests

Hasu

AI Chapters

Episode notes

Introduction

3min

The Real and Fake Critiques of LIDO

5min

The Disadvantages of Staking Ethereum

4min

The Problem With Liquid Staking in Ethereum

2min

The Negative Effects of Too Much ETH in One Place

3min

Ethereum: A Honeypot of Ethno

5min

The Relationship Between LIDO Governance and the State Ethereum in Its Node Operators

2min

Ethereum's Off Chain Governance Philosophy

6min

Ethereum's Proposer Builders Separation

3min

10.

The Importance of Lydow in Cryptocurrency

4min

11.

The Dydow Dow's Dual Governance

4min

12.

Ethereum's No on Chain Governance

3min

13.

The Fifth Iteration of Lido Governance

4min

14.

Polygon 2.0: The Value Layer for the Internet

6min

15.

Lydo V2: The Future of Node Operators

5min

16.

Ethereum's V2 Version of LIDO: A Blended Version

6min

17.

The Incentives for Starting a New Staking as a Service DAO

2min

18.

The Perception of LIDO as a Platform

4min

19.

The Rise of Liquid Staking

2min

20.

Ethereum's Network Effects

3min

21.

The Social Force Behind Blockchains

3min

22.

The Evil of the Molok Trapping

3min

23.

Ethereum's Unfair Vilification of Staking Router

3min

24.

Can We Keep Ethereum Decentralized?

4min

Lido has over 30% ETH staked. Should we be alarmed? Joining us is Hasu to shed some light on this question.

In this wide ranging interview we discuss the State of Staking, the state of Lido, Idealist vs Pragmatics and asking the question - is Lido's reputation unfair?

------ ✨ DEBRIEF | Unpacking the episode: https://www.bankless.com/debrief-hasu ----- 🚀Join Ryan & David at Permissionless II in September. https://bankless.cc/GoToPermissionless ------ 📣 STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader ------ BANKLESS SPONSOR TOOLS:

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0:00 Intro 4:34 Is Lido's Perception Unfair? 9:08 Is Lido Too Big To Fail? 15:57 What Can An Entity Do With 33%? 21:27 TLDR Recap and Overview 24:11 When Does Lido Risk Become Systemic 32:54 Lido Is Not One Entity 36:40 Node Operators vs DAO 41:19 LDO Governance 49:39 Is Lido Forkable? 52:37 The Path To 5,000 Operators 58:46 Distributed Validator Technololgy 1:08:16 Addressing The Critics 1:17:31 The Staking Social Layer 1:24:40 Is Lido Treated Unfairly? 1:26:47 Can We Keep Ethereum Decentralized? 1:30:07 Risks and Disclaimers ----- Resources

Hasu on Twitter: https://twitter.com/hasufl Uncommon Core v2: https://www.ucc2.xyz/ Hasu last on Bankless: https://youtu.be/1qqkoGatPdE

----- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠