After the launch of Ethereum staking, Lido Finance faced a significant amount of pressure as investors raised questions about the business model utilized by the project. In exchange for staked Ethereum, Lido provides investors with a token, which is essentially a liquid representation of their locked assets. Considering the centralized nature of the token issuance, the decentralization of the whole Ethereum staking enterprise faces certain risks that may become a problem in the future.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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