EthStaker

Candid take from an ex-staker, with an equally candid reply by @sassal.eth. I was never a fan of LSTs and how their hodlers reap the benefits of staking without actually putting in the work, while diluting the solo stakers.

Exited all my validators, and I think it's worth discussing: Ethereum has an incentive problem.

1/🧵

Quit

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

Candid take from an ex-staker, with an equally candid reply by @sassal.eth. I was never a fan of LSTs and how their hodlers reap the benefits of staking without actually putting in the work, while diluting the solo stakers.

https://x.com/0xquit/status/1870581266640511387

Aviator, diver, Etherean, nexialist, PhD in aviation ∩ climate science | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

This has derivative markets all over it. And derivative markets are est. ~1quadrillion currently, 10x global GDP. 

And ofc, derivative markets also have their risk.