Lido


Tech

Ethereum Foundation Researchers' Proposal to Slow ETH Issuance Draws Pushback

The proposal, introduced in February, could harden Ethereum's native cryptocurrency, ether (ETH), as a form of money – by reducing the inflation of new supply. But some members of the community say if it's not broke, don't fix it.

Ethereum (ethereum.org)

Finance

Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

The asset manager filed to launch an ethereum fund in November.

Fidelity Investments sign on a building

Finance

Crypto Custodian Taurus Enlists Lido to Bring Liquid Ethereum Staking to Swiss Banks

Taurus, which counts Deutsche Bank and Santander as partners, expects European jurisdictions to follow Switzerland’s example.

From left to right: Lamine Brahimi, Co-Founder and Managing Partner; Dr. Jean-Philippe Aumasson, Co-Founder and CSO; Oren-Olivier Puder, Co-Founder and Chairman; Sébastien Dessimoz,  Co-Founder and Managing Partner (Taurus)

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)

Consensus Magazine

Lido DAO Democratized ETH Staking, Then Dominated It

Lido has become a victim of its own success, attracting criticism as its share of staked ether has grown to nearly one-third. That's why it's one of CoinDesk's Most Influential of 2023.

Lido's boosters say it has helped keep Etheruem staking from falling into the hands of a few large actors. (Image by Mason Webb)

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)

Tech

Cracks Appear as Ethereum Staking Demand Wanes

Earlier this year, Ethereum staking was popular, particularly with Lido Finance's rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment.

(Werner Du plessis/Unsplash)

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)

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