Following the Shapella update, which allowed Ethereum users to withdraw coins previously put into staking, liquid staking platforms such as Lido, Frax and Rocket Pool increased their market share to hold 46% of all ETH deposited on the Beacon Chain.
If there were no such entities, centralized exchanges would have dominance over this type of activity and Ethereum would likely suffer from a “point of failure” in terms of producing blocks in the chain.
Ethereum: liquid staking providers control 46% of the market
After only 42 days since the Shapella hard fork, which enabled the unstaking of all ETH previously put into staking by the Ethereum community, we can observe how liquid staking platforms (LSD) have a decisive position in the network, controlling 46% of all coins delegated to block validation and production through the proof-of-stake consensus mechanism.
Prior to the Merge on 15 September 2022, the delicate task of block production fell to the miners, who lost that privilege w
We współpracy z: https://en.cryptonomist.ch/2023/05/24/liquid-staking-leads-way-ethereum/
