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Q🎩
@qsteak.eth
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.
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dy
@dy
Don't understand what the issue is with Lido having 33% stake The code is public All it does is keep a set of validators and delegate beacon chain ETH to it There are thousands of validators on Lido You're simply securitizing staked ETH, which is important for defi
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Q🎩
@qsteak.eth
Yes and no. They have 1000s of validators that feed up to 30 Node Operators. IF those NOs colluded with more than 33%, they CAN prevent the chain from finalizing. I guess to hold it hostage?
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