Ethereum

Liquid Staking Derivatives

Coin

<ul>
 <li>Vitalik Buterin thinks RAI could be an activist for minority Liquid Staking Derivatives (LSDs).</li>
 <li>Buterin believes the rise of RAI could resolve Lido’s dominance in the LSD ecosystem.</li>
 <li>Lido controls over 30% of the entire LSDs in the crypto market.</li>
</ul>
<a href="https://coinedition.com/tag/vitalik-buterin/" rel="noopener noreferrer nofollow">Ethereum founder Vitalik Buterin</a> thinks RAI, the first stablecoin on the Reflexer platform, could be an activist for minority Liquid Staking Derivatives (LSDs). He also believes the rise of RAI could resolve Lido’s dominance in the LSD ecosystem. Lido controls over 30% of the entire LSDs in the crypto market.
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 today <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@VitalikButerin</a> stopped by the <a href="https://twitter.com/reflexerfinance?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@reflexerfinance</a> discord to share his thoughts on what Makers endgame means for RAI he thinks RAI could be an activist for minority LSDs an answer to Lido controlling 30%+ this would require more control than we have over RAI.. rn 1/x <a href="https://t.co/Fxb8Ph8Jq9" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Fxb8Ph8Jq9</a>— reza.eth <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f325.png" alt="🌥" style="height: 1em; max-height: 1em;"> (@rezajafery) <a href="https://twitter.com/rezajafery/status/1698131823598178470?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 3, 2023</a>
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Buterin expressed his opinion while participating in a discussion on the Reflexer Finance discord. According to the Ethereum founder, RAI’s activist governance may not need to go all the way. It would be enough if the RAI community does more activist governance to suppo…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/rai-could-be-an-activist-for-minority-lsds-vitalik-buterin/">RAI Could Be an Activist For Minority LSDs: Vitalik Buterin</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

RAI Could Be an Activist For Minority LSDs: Vitalik Buterin

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