The combination of @LidoFinance, @ObolNetwork, @eigenlayer will turn #stETH from a Liquid Staking Derivative into an Ethereum Security Fund (ESF).
We will see the first crypto-native ETF be created by combining LSD + MEV + DVT + Shared Security...
We will see the first crypto-native ETF be created by combining LSD + MEV + DVT + Shared Security...
1⃣
@LidoFinance offers liquid staking and begins to run @ObolNetwork DVT
2⃣
@ObolNetwork allows validators to maintain near-100% liveness by joining clusters of "active-active" groups without fear of double-signing or downtime
@LidoFinance offers liquid staking and begins to run @ObolNetwork DVT
2⃣
@ObolNetwork allows validators to maintain near-100% liveness by joining clusters of "active-active" groups without fear of double-signing or downtime
3⃣
@LidoFinance runs MEV Boost to increase staking rewards to stakers
4⃣
@LidoFinance running @ObolNetwork implements @eigenlayer, allowing multiple validators within a cluster to support and secure several middleware, L2 and side chain solutions... all at once.
@LidoFinance runs MEV Boost to increase staking rewards to stakers
4⃣
@LidoFinance running @ObolNetwork implements @eigenlayer, allowing multiple validators within a cluster to support and secure several middleware, L2 and side chain solutions... all at once.
5⃣
Each @ObolNetwork cluster of validators sign a single block at once but can offer economic security to multiple middleware protocols at once (much more than a single validator).
Each @ObolNetwork cluster of validators sign a single block at once but can offer economic security to multiple middleware protocols at once (much more than a single validator).
6⃣
$stETH holders now hold a token that earns a basket of token rewards:
🪙ETH rewards
🤖MEV rewards
🟢Reduces slashing risk
🎢Middleware rewards that lease security from the ecosystem they serve: #Ethereum
⏫Rollups and Roll-apps rewards that require greater economic security
$stETH holders now hold a token that earns a basket of token rewards:
🪙ETH rewards
🤖MEV rewards
🟢Reduces slashing risk
🎢Middleware rewards that lease security from the ecosystem they serve: #Ethereum
⏫Rollups and Roll-apps rewards that require greater economic security
Today, holding stETH make the Ethereum Network more secure... Tomorrow, holding stETH will make the Ethereum ecosystem more secure.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
