The current market cycle has been characterized by the arrival of institutions, most recently in the form of DAT mania.
ETH is obviously the best asset for DAT companies … I don't need to get into why, I'm sure everyone here understands that.
These DATs are accumulating at rapid speed and almost all of them are staking or have signaled their intention to stake in the future.
These types of institutions treat security as their top priority! In a recent institutional survey by Obol, most of the biggest names in Ethereum staking indicated that security is a bigger concern than other variables like yield!
Currently, most major staking providers are exposed to single points of failure, correlated failures, and performance issues via legacy validator infrastructure. We all saw the recent security issue with Kiln which has spiked the exit que. This is a problem now when theres hundreds of billions at stake, but what happens when ETH is a multi-trillion dollar asset, with trillions at stake?
Interested in your opinions!
- Should we be doing more as a community to push the existing staking providers to use Distributed Validators, as they are a more secure alternative compared to legacy validators?
- Should we be encouraging DATs to run their own staking nodes, instead of delegating their stake to the large centralized staking providers? Solo Staking, Squad Staking and even Rocketpool are great alternatives that foster decentralizing for Ethereum, while still ensuring these entities are meeting their security mandates.
New survey says security is priority #1 for institutions. How can we help them stake ETH properly?
byu/aItalianStallion inethtrader
Posted by aItalianStallion
2 Comments
They can send me their ETH and I will do it for them. I am 100% trustable. 👀
!tip 1
What is this post lol. How can we help daddy billionaire feel better about their investing?? Am I missing something?