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Ethereum staking services agree to 22% limit of all validators

Published 08/31/2023, 11:16 PM
Updated 09/01/2023, 01:00 AM
© Reuters

At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking market — seen as a move to ensure the Ethereum network remains decentralized.

Among the Ethereum staking providers either already committed or are working to commit to the self-limit rule include Rocket Pool (NASDAQ:POOL), StakeWise, Stader Labs and Diva Staking, according to Ethereum core developer Superphiz.

Votes casted from Lido (LDO) token holders on the self-limiting proposal. Source: Snapshot
Ethereum stakers by staking amount and market share, showing that Lido is the only one above the 22% threshold. Source: Dune Analytics

Who’s in the right? Mixed reactions from the Ethereum community

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