What Lido staking dominance may mean for Ethereums future - BitcoinEthereumNews.com
EthereumAng ibig sabihin ng Lido staking dominance para sa hinaharap ng Ethereum06 / 25 / 2022Balita ng Ethereum ng Bitcoin???? Gusto mo bang magtrabaho sa amin? Ang CryptoSlate ay kumukuha ng ilang posisyon! Lido DAO token holders have commenced voting to determine whether the DeFi platform should reduce its staking pool. The vote is a follow-up to a governance proposal released on June 24. The voting process results from a month-long deliberation over Lidos staking dominance and whether it should limit itself to curb potential centralization risks. Lido currently holds 31% of all staked Ether on the Ethereum proof-of-stake blockchain, the Beacon chain. The staking dominance has raised fears within the Ethereum community, and critics fear it will threaten Ethereums decentralization. The vote is expected to end on July 1, and the result will determine whether Lido will self-limit or not. Should the majority of voters vote in favor, another vote will take place on how the self-limiting process should work. Concerns over stETH dominance In the governance proposal, Lido stated that its staking dominance would give it more voting power once the Beacon chain goes live. As a platform that started to counter centralized exchanges, it argued that such centralized voting power poses an existential