How to mitigate liquid staking derivatives threatening Ethereum's decentralization

Quick Take

  • Superphiz explains how liquid staking derivatives could impact Ethereum’s credible neutrality.

Episode 99 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Ethereum decentralized staking advocate Superphiz.

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Superphiz is a long-time Ethereum community member and a became a vocal advocate for staking decentralization following the Ethereum 'Merge' to a proof-of-stake consensus mechanism last year.

In this episode of The Scoop, Superphiz unpacks how Ethereum's merge to proof-of-stake has caused liquid staking derivatives to pose a potential threat to Ethereum's credible neutrality, as well as the best pathways to mitigate the potential for staking centralization.


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00:00 - Introduction
2:55 - Success of ‘The Merge’
5:28 - Ethereum Centralization Concerns
13:34 - Lido’s LSD Dominance
20:54 - Scaling Ethereum
25:33 - New Use Cases
27:37 - Closing Thoughts

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© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Authors

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern