Cryptocurrency Daily Thefoxposts.com

Liquid staking has gained popularity among Ethereum users, but concerns about centralization remain. Liquid staking (LST) has emerged as a popular solution for Ethereum users to participate in staking without locking up their Ether (ETH) for extended periods. However, concerns have been raised about the potential for liquid staking to centralize power within the Ethereum ecosystem. In this interview, Daniel Dizon, founder of Swell, a noncustodial ETH liquid staking protocol, discusses these concerns and shares his vision for the future of liquid staking on Ethereum. CT: Liquid staking has been criticized for centralizing power within the Ethereum ecosystem. What are your thoughts on these discussions? Daniel Dizon: From a network perspective, two fundamental properties make Ethereum valuable — decentralization and security. When multiple node operators are tied together — either operationally, politically, or through a liquid staking governance token — they are more likely to act ...

Johnny, a cryptocurrency enthusiast, predicted that ARB could rally soon as it exits its accumulation phase. The angel investor McKenna revealed that the ARB staking proposal is in favor of allocating treasury tokens to ARB’s staking. Assuming 50% of the ARB supply is locked, the APR for ARB staking could rise to 27.5%. The cryptocurrency enthusiast Johnny predicted in an X post yesterday that the accumulation phase for Arbitrum (ARB) may be coming to an end soon. As a result, the X user anticipates that the altcoin will enter into an expansion phase in the short term. $ARB accumulation ending soon Next phase: expansion https://t.co/3tJawhOXGG pic.twitter.com/np7gJ9MlHe — Johnny (@CryptoGodJohn) November 3, 2023 Meanwhile, the angel investor McKenna, revealed a significant development relating to the latest ARB s taking proposal. According to the post, the proposal is currently 61% in favor of allocating 175 million ARB tokens from the Arbitrum Tr...