Lido: Navigating the Tightrope of DeFi Liquidity

Lido has revolutionized Ethereum staking by transforming locked ETH into liquid stETH, a financial primitive driving a surge in DeFi applications. Facing growing competition and declining market share, Lido is shifting its strategy from a focus on market share to expanding use cases across Layer-2 and restaking ecosystems. This allows it to strike a balance between scale and decentralization, securing its long-term role in the Ethereum staking economy. Read more about Lido’s evolution and its impact on DeFi.