Lido Finance hits 1M validators, fueling the growth of DeFi L | DeFi, ICO and Invest News
Lido Finance hits 1M validators, fueling the growth of DeFi
Liquid staking protocols like Lido Finance make staking more accessible for retail users with limited capital, who would otherwise need 32 Ether (ETH $3,181) to run their own validator nodes on Ethereum. Lido Finance accounts for the majority (28.5%) of staked Ether, while 13.6% is staked through the Coinbase exchange, according to Dune data. Over 27% of all the Ether supply is currently being staked.
