Content
@
0 reply
0 recast
0 reaction
Uncle ↑
@uncle
Will EigenLayer point farming inevitably lead to an LSD depeg? 🤔
6 replies
0 recast
4 reactions
MTH
@mthch
Wh would that happen?
1 reply
0 recast
0 reaction
Uncle ↑
@uncle
When mining points is over people will want to move their ETH out for other opportunities, except there is a bottleneck at exiting the validator set, so if it happens all at once, people might not want to wait to get their ETH and sell the LSD, breaking the peg, which may force others to sell if they levered too high
1 reply
0 recast
0 reaction
MTH
@mthch
Got it, i understand what you mean
0 reply
0 recast
0 reaction
