Ethereum

Regarding the Lido stake holdings, which of this do you think is actually the biggest lift?
- Convince Lido to self limit. 
- Vampire by offering real incentives to exchange stETH. 
- Implement an enshrined solution. 
- Accept the market decision, and compel Lido to truly decentralize via governance or social slashing.

There is another option. Lido has no direct power. The power (mostly to censor) lies with the node operators, which are some of the best and values aligned teams. Lido needs to form a mechanism that will prevent it from taking existing staked ETH/profit away from operators, unless they underperform. This will 1/2

preserve their financial interests while ensuring no power over Ethereum. Yes, self limit is far better, but that's not happening. Users going with other providers is better, but that may or may not happen. This solution serves both sides at a minimal cost.