Lido Dao is currently faced with the pressure of several directions: declining market share, organizational restructuring, technical concerns and increased withdrawal demand.
Lido continues to play an important role in Ethereum ecosystem. However, to maintain its influence, it must show greater adaptability, innovation and transparent governance than ever.
The market share of the ETH ETH of Lido reaches a three -year hollow
Lido, the largest decentralized appearance platform in Ethereum, has recently shown several signals concerning. According to Dune data, Lido’s share of ETH’s ignition fell just 24.6%, the lowest point of the last three years. This represents a significant change, in particular for a protocol which was once dominant in the liquid ignition landscape of Ethereum.
This decrease could come from several factors, including the growing competition of rivals such as rockets or integrated ignition solutions directly by major exchanges like Coinbase. The Ethereum community actively prioritizes decentralization. This raises questions about the question of whether a protocol controlling many validators align with the long -term vision of Ethereum.
Beyond its narrowing market share, Lido recently revealed a vulnerability in the raging mechanism of its “double governance” system (DG). Although the project team has confirmed that no user funds have been affected and that mitigation measures have already been taken, this recalls that even major protocols are not immune to the technical problems that can arise during operations.
In addition, the ETH ETH withdrawal queue has reached its highest level since withdrawals were activated for the first time. Dune data show that ETH awaiting withdrawal is nearly 143,000. Although this number has decreased from its record level at the end of July, it always reflects a change in confidence among certain users, in particular as more flexible or secure approval alternatives emerge.
In this context, Lido has officially confirmed that she would reduce his contributor team by around 15%. According to a public declaration by the Vasiliy Shapovalov co-founder on the X platform (formerly Twitter), this decision has been made to ensure that the organization can operate more efficiently and adapt to changing market trends.
“This decision concerned costs – not performance. It affects incredibly talented people who helped shape the protocol and the community. ” Vasiliy Shapovalov shared on X.
Reducing the team’s workforce does not necessarily point out a crisis. However, this indicates that leadership re -evaluates its human capital strategy, especially since the main performance measures have trouble maintaining previous growth trends. The protocol enters a central test field in the midst of rapid technological and cultural changes.
The market share of the Lido post reaches a 3 -year hollow – the giant of Ethereum jealous loses its grip? appeared first on Beincrypto.
