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> For example ETH staking, where to avoid middlemen, you have to stake 32 ETH. end goal would be more usage of decentralized staking pools, see Rocket Pool. th
by mattdesl 5y ago
> For example ETH staking, where to avoid middlemen, you have to stake 32 ETH.
end goal would be more usage of decentralized staking pools, see Rocket Pool. this way, the ‘middleman’ is a set of smart contracts; the validators (who only require 16ETH) take a slightly higher fee than stakers (who can stake as low as 0.01ETH), for their services rendered (burden of additional maintenance, technical expertise and risk involved with running a validator).
But I do feel that centralized staking (CEX, Lido) poses a risk to the network.