Lido Finance – the leading liquid staking protocol on Ethereum – has reached a significant milestone in its development by tapping one million Ethereum validators.
This essentially represents a massive scale of participation in Ethereum 2.0 staking.
Such a large number of validators is expected to improve the security and resilience of the network, making it stronger against potential attacks.
Additionally, it would further decentralize the validation process, thereby reducing the influence of any single entity or group.
According to data compiled by Dune Analytics, Lido Finance currently holds the majority 28.5% of staked Ether, followed by Coinbase at 13.6%, with over 27% of the total Ether supply currently being staked.
1 million validators pic.twitter.com/fELATWQPIu
— Lido (@LidoFinance) April 29, 2024
These protocols, like Lido, have seen rapid growth due to their liquidity benefits, allowing users to receive Lido Staked ETH (stETH) in return for their staked Ether, which c
We współpracy z: https://cryptopotato.com/ethereum-staking-protocol-lido-finance-surpasses-1-million-validators/
