Will EigenLayer point farming inevitably lead to an LSD depeg? 🤔

Indie dev and dad.
Chaotic good.
Find my work at sylphdapps.com

It is Thursday night ser and what I am suggesting is existential *opportunity*

It's Friday night. Please keep existential dread for Monday.

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

For the sake of our industry I suggest no more casts like this

Already has. SwETH sits at over a 1% depeg.

Either way sounds like some juicy solo validator block proposals 🙏🏼

Yes LRTs will trade at significant discount for months when this pops next year.