Will Ether.fi Challenge Lido’s Staking Dominance?
Why is everyone rushing to stake their ETH again? What does this mean for the future of Lido? Today we’ll explore these questions and more.
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Why is everyone rushing to stake their ETH again? What does this mean for the future of Lido? Today we’ll explore these questions and more.
Collapsed cryptocurrency lending platform Celsius has announced that it will withdraw $1.6 billion worth of Ethereum it had previously staked on the chain.
Lido Finance's achievement of a $20 billion TVL milestone in 2023 is commendable, but concerns over centralization and security risks loom large. While the liquid staking sector thrives, Lido must navigate these challenges to maintain its position as a leading DeFi player.
Maverick launched a decentralized exchange designed to compete with Uniswap, in partnership with Lido, Liquity, and Galxe.
Lido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.
The stETH derivative and its spread to ETH, sharply narrowed as Ethereum completed its technology transition without a hiccup.
Lido’s liquid staking derivative token has over 90% of the Ethereum market share as the network ultimately transitions to proof-of-stake.
For Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems.
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”