Why Ethereum's dominant liquid staking protocol is debating whether to reduce its influence
June 16, 2022, 12:22PM EDT · 7 min read
- Lido Finance has amassed a dominant position in the business of Ethereum 2.0 staking.
- Now its community is debating whether to scale back — for the benefit of Ethereum’s security.
Concerns that Lido's dominance could represent a security risk for the larger network have set the stage for a governance vote on the matter.