Lido


Tech

Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan

The increase in staking has reduced the appeal of ether from a yield perspective, the report said.

Ether becomes deflationary for the first time since the Ethereum blockchain's software upgrade dubbed the "Merge." (SB7/Shutterstock)

Opinion

Opposing Centralization in Ethereum Staking

Nixo.eth argues that dominant decentralized staking provider Lido is exploiting a flaw in Ethereum that threatens some of the industry's core values.

(Tom S/Unsplash, modified by CoinDesk)

Finance

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy

Mantle introduced a new governing body for treasury management earlier this month.

(Pixabay)

Finance

Mantle Introduces New Governing Body for Treasury Management

The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.

(Dan Kitwood/Getty Images)

Tech

Lido Attracted 10K Ether Stakers to Protocol in July

The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022.

(Getty Images)

Finance

Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products

While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol.

Raft's total value locked has crossed $55 million in roughly three weeks (DefiLlama).

Finance

21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO

While the product offers investors single asset exposure to the liquid staking leader, the Switzerland-based firm classified it as a class 7 risk, the highest level.

Hany Rashwan and Ophelia Snyder, co-founders of 21Shares parent 21.co (21.co)

Tech

New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing

Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).

(Alfred Gescheidt/Getty Images)

Tech

Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds

Two decentralized finance projects are butting heads over a governance proposal that could see the recovery of 40 ETH stolen in Sushiswap's April hack.

(Shutterstock)

Tech

Liquid Staking Leader Lido Upgrades to Second Version on Ethereum

Users can now unstake their stETH and receive ETH at a 1:1 ratio.

Lido has already withdrawn more than 278,000 ETH at press time. (John Sirlin/EyeEm/Getty Images)

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