Main issue in LSD: decentralization vs APR maximization.
06 Aug 2023, 10:36
Main issue in LSD: decentralization vs APR maximization
By making validator set permissionless (vs whitelisting like @LidoFinance ), $ETH staked in the protocol may be idle and not fully utilized - eg $rETH APR always $wstETH APR
@fraxfinance 's $frxETH v2 solves it
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