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coinpedia 2023-06-01 15:48:57

Ethereum Developer Warns of Liquid Staking and Staking Cartel Threats

The post Ethereum Developer Warns of Liquid Staking and Staking Cartel Threats appeared first on Coinpedia Fintech News Lead Ethereum developer, Danny Ryan said that Liquid staking derivatives (LSD), such as Lido and similar protocols, can pose significant risks to the Ethereum protocol and pooled capital when they exceed critical consensus thresholds. He highlights the dangers of cartelization and emphasizes the need for self-limitation to avoid centralization and protocol risks that could potentially …

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