🤝 When you outsource the technical part of the job to a contractor…
Tomorrow's scheduled Shanghai update to the ethereum blockchain — if successful — will finally let people sell the ether that they locked up on the blockchain to validate transactions (aka staking). Lido is a protocol that stakes coins on behalf of users (for a cut of the proceeds) and issues stETH, a tradable token that represents one ether staked with Lido. Lido holds about a third of the $31B worth of staked ether.
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