“While the Ethereum staking ecosystem is already mature and features multiple protocols and services, it’s somewhat centralized today as the top three entities have more than 50% ETH staked on them while the predominant liquid staking protocol has roughly 90% market share,” said Amitej Gajjala, CEO at Stader Labs, told CoinDesk in a message.
Related posts
-
Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review
Bloomberg’s senior ETF analyst has updated his prediction regarding... -
Yield App Suspends Operations Ahead of Liquidation
Yield App, a platform for earning interest, buying, and... -
SEC Sues ConsenSys Over MetaMask Staking, Broker Allegations
The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday,...