Lido’s staff members defendant Competitor Rocketpool (NASDAQ:) criticized it for being too centralized in a July 4 social media submit. Each Lido and Rocket Pool are liquid staking protocols that permit customers to delegate their cryptocurrency to validators and obtain derivatives of his tokens in return.

In keeping with a submit by Dmitry Gusakov, Lido’s Group Staking Lead, the Rocket Pool contract is maintained by the Rocket Pool staff, and the staff can change any parameter and name any technique. Which means that Rocket Pool builders can enhance inflation to arbitrarily massive percentages and charges as much as 100%.

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