ETH staking service providers’ dominance is concerning, here’s why

ETH staking service providers’ dominance is concerning, here’s why


AMB Crypto
2023-01-24 03:30:28

70% of Ethereum staked is controlled by staking services, which has raised concerns about decentralization. Revenue generated by Ethereum has increased despite a decline in trading activity. According to data provided by glassnode, it was observed that 70.86% of all Ethereum staked on the beacon chain was being staked by staking services such as Lido,