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Lido Dramatic Impact on Ethereum Staking: Expansion or Centralization?

Altszn.com by Altszn.com
December 4, 2023
in Ethereum
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Lido Dramatic Impact on Ethereum Staking: Expansion or Centralization?
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But Lido has gradually become a victim of its own success, with the DAO attracting criticism as it has grown to dominate Ethereum’s staking landscape. Lido currently commands 32% of all ether staked. This puts it just below a critical 33% threshold; if a single entity controls this much staked ETH, it could, theoretically, influence certain elements of how the chain operates.



Read More: www.coindesk.com

Tags: centralizationDramaticETHEthereumExpansionImpactLidoStaking
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    • bitcoinBitcoin (BTC) $ 108,506.00
    • ethereumEthereum (ETH) $ 2,730.95
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.29
    • bnbBNB (BNB) $ 687.11
    • solanaSolana (SOL) $ 172.55
    • usd-coinUSDC (USDC) $ 0.999807
    • dogecoinDogecoin (DOGE) $ 0.225233
    • cardanoCardano (ADA) $ 0.751690
    • tronTRON (TRX) $ 0.276413
    • staked-etherLido Staked Ether (STETH) $ 2,728.95
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,412.00
    • suiSui (SUI) $ 3.65
    • wrapped-stethWrapped stETH (WSTETH) $ 3,281.95
    • hyperliquidHyperliquid (HYPE) $ 34.43
    • chainlinkChainlink (LINK) $ 15.84
    • avalanche-2Avalanche (AVAX) $ 23.48
    • stellarStellar (XLM) $ 0.285690
    • shiba-inuShiba Inu (SHIB) $ 0.000014
    • bitcoin-cashBitcoin Cash (BCH) $ 422.65
    • leo-tokenLEO Token (LEO) $ 9.05
    • the-open-networkToncoin (TON) $ 3.33
    • hedera-hashgraphHedera (HBAR) $ 0.185813
    • wethWETH (WETH) $ 2,733.13
    • litecoinLitecoin (LTC) $ 97.47
    • usdsUSDS (USDS) $ 0.999806
    • polkadotPolkadot (DOT) $ 4.56
    • wrapped-eethWrapped eETH (WEETH) $ 2,919.07
    • moneroMonero (XMR) $ 343.54
    • bitget-tokenBitget Token (BGB) $ 5.30
    • pepePepe (PEPE) $ 0.000014
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.01
    • ethena-usdeEthena USDe (USDE) $ 0.999931
    • pi-networkPi Network (PI) $ 0.706265
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,481.00
    • whitebitWhiteBIT Coin (WBT) $ 31.58
    • uniswapUniswap (UNI) $ 7.11
    • aaveAave (AAVE) $ 268.27
    • daiDai (DAI) $ 0.999904
    • bittensorBittensor (TAO) $ 432.26
    • nearNEAR Protocol (NEAR) $ 2.93
    • aptosAptos (APT) $ 5.38
    • jito-staked-solJito Staked SOL (JITOSOL) $ 207.95
    • okbOKB (OKB) $ 52.23
    • tokenize-xchangeTokenize Xchange (TKX) $ 38.60
    • ondo-financeOndo (ONDO) $ 0.938128
    • crypto-com-chainCronos (CRO) $ 0.098063
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • internet-computerInternet Computer (ICP) $ 5.43
    • ethereum-classicEthereum Classic (ETC) $ 18.75
    • bitcoinBitcoin (BTC) $ 108,506.00
    • ethereumEthereum (ETH) $ 2,730.95
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.29
    • bnbBNB (BNB) $ 687.11
    • solanaSolana (SOL) $ 172.55
    • usd-coinUSDC (USDC) $ 0.999807
    • dogecoinDogecoin (DOGE) $ 0.225233
    • cardanoCardano (ADA) $ 0.751690
    • tronTRON (TRX) $ 0.276413
    • staked-etherLido Staked Ether (STETH) $ 2,728.95
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,412.00
    • suiSui (SUI) $ 3.65
    • wrapped-stethWrapped stETH (WSTETH) $ 3,281.95
    • hyperliquidHyperliquid (HYPE) $ 34.43
    • chainlinkChainlink (LINK) $ 15.84
    • avalanche-2Avalanche (AVAX) $ 23.48
    • stellarStellar (XLM) $ 0.285690
    • shiba-inuShiba Inu (SHIB) $ 0.000014
    • bitcoin-cashBitcoin Cash (BCH) $ 422.65
    • leo-tokenLEO Token (LEO) $ 9.05
    • the-open-networkToncoin (TON) $ 3.33
    • hedera-hashgraphHedera (HBAR) $ 0.185813
    • wethWETH (WETH) $ 2,733.13
    • litecoinLitecoin (LTC) $ 97.47
    • usdsUSDS (USDS) $ 0.999806
    • polkadotPolkadot (DOT) $ 4.56
    • wrapped-eethWrapped eETH (WEETH) $ 2,919.07
    • moneroMonero (XMR) $ 343.54
    • bitget-tokenBitget Token (BGB) $ 5.30
    • pepePepe (PEPE) $ 0.000014
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.01
    • ethena-usdeEthena USDe (USDE) $ 0.999931
    • pi-networkPi Network (PI) $ 0.706265
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,481.00
    • whitebitWhiteBIT Coin (WBT) $ 31.58
    • uniswapUniswap (UNI) $ 7.11
    • aaveAave (AAVE) $ 268.27
    • daiDai (DAI) $ 0.999904
    • bittensorBittensor (TAO) $ 432.26
    • nearNEAR Protocol (NEAR) $ 2.93
    • aptosAptos (APT) $ 5.38
    • jito-staked-solJito Staked SOL (JITOSOL) $ 207.95
    • okbOKB (OKB) $ 52.23
    • tokenize-xchangeTokenize Xchange (TKX) $ 38.60
    • ondo-financeOndo (ONDO) $ 0.938128
    • crypto-com-chainCronos (CRO) $ 0.098063
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • internet-computerInternet Computer (ICP) $ 5.43
    • ethereum-classicEthereum Classic (ETC) $ 18.75