Enshrined LST — Arixon
Lately, there's been a buzz surrounding concerns about Lido's decentralization. To address this issue, several liquid staking protocols have sprung up, attempting to challenge Lido's dominance. However, this proliferation of solutions could lead to fragmented liquidity, leaving users in a quandary over which Liquid Staking Token (LST) to opt for. To tackle this issue and explore potential solutions, some have proposed the concept of an "enshrined" LST, effectively integrating liquid staking directly into the Ethereum network. Surprisingly, though, I haven't stumbled upon any concrete ideas on how to execute this concept. So, despite my non-developer background, I decided to roll up my sleeves and brainstorm some possibilities. Before we dive into the details, I must emphasize that I welcome any feedback or corrections from the community if they spot any issues with my approach. Let's get started! Note: This design is very similar to RocketPool’s current model, there are lot of ways to
Introduction Lately, there's been a buzz surrounding concerns about Lido's decentralization. To address this issue, several liquid staking protocols have sprung up, attempting to challenge Lido's dominance. However, this proliferation of solutions could lead to fragmented liquidity , leaving users in a quandary over which Liquid Staking Token (LST) to opt for. To tackle this issue and explore potential solutions, some have proposed the concept of an "enshrined" LST , effectively integrating liquid staking directly into the Ethereum network. Surprisingly, though, I haven't stumbled upon any con
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