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Why Ethereum's dominant liquid staking protocol is debating whether to reduce its influence

Quick Take

  • 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.

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