Lido's Risky Power Shift: Will StETH Holders Wreck Ethereum's Biggest Staking Pool?
Lido's proposal to give stETH holders veto power – dubbed LIP-28 – is getting a lot of buzz, and understandably so. On the surface, this seems like a positive move towards advocating more decentralization. The crypto holy grail. Not so fast. Let’s pump the brakes, step back and look at...