Liquid staking


Tech

Lido Tests of 'Distributed Validator Technology' Portend 2024 Decentralization Push

A big selling point of blockchain networks is that they are "decentralized." But just a few validators, including those run by Lido, have gradually amassed a lion's share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves.

"Validators are single-engine planes. If a validator goes down, it's offline," said Brett Li, head of growth at Obol Labs. (Daniel Eledut/Unsplash, modified by CoinDesk)

Markets

Jito's Token Launch Pushed Competitor Marinade's MNDE to All-Time Highs

Marinade's market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.

cartoon of Marinade Finance's logo

Finance

DeFi Market Rebounds to $50B as Speculators Hunt for Yield

An uptick across Solana-based protocols coupled with more than $700 million in deposits to Blast has fueled growth of the value locked in decentralized finance.

DeFi TVL and volume (DefiLlama)

Tech

Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator

The release will be the second core product in the Mantle ecosystem, and comes just 6 months after the Mantle Network went live.

Mantle Chief Alchemist Jordi Alexander (Mantle)

Markets

Liquid Staking Tokens Are a Hot Ticket for 2024

The staking market was the brightest spot in DeFi this year. The arrival of liquid staking token finance is set to turbocharge activity next year.

(Matt Hardy/Unsplash)

Markets

Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News

The iShares Ethereum Trust was registered as a corporate entity in the state of Delaware earlier Thursday.

LDO price (CoinDesk)

Finance

Ether.Fi Rolls Out Liquid Staking Token eETH, That Can be Restaked on EigenLayer

In March, Ether.fi raised $5.3 million in a seed round led by North Island VC.

(Brook Anderson/ Unsplash)

Opinion

A Spot ETH ETF Represents the Dawn of Institutional Liquid Staking

Alluvial co-founder Matt Leisinger argues Ethereum staking would be an obvious beneficiary of a product like ARK Invest's Ethereum-based exchange-traded fund going to market.

(Gabor Koszegi/Unsplash)

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)

Markets

Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow

The exchange is one of the largest players in ether staking after Lido Finance and Coinbase.

Binance liquid staking ETH (DefiLlama)

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