Lido Finance 實現重大里程碑，擁有 100 萬以太坊驗證者，成為最大的 DeFi 協議

Lido Finance是領先的去中心化金融（DeFi）流動性質押協議，其以太坊驗證者數量已超過100萬，鞏固了其在質押市場的主導地位。透過提供流動性優勢，Lido 使資金有限的個人可以進行質押，從而有效地釋放了更廣泛用戶群的質押潛力。

Lido Finance Surges to a Milestone with One Million Ethereum Validators, Reigning as the Largest DeFi Protocol

Lido Finance 邁上里程碑，擁有 100 萬以太坊驗證者，成為最大的 DeFi 協議

Lido Finance, the industry-leading liquid staking protocol on Ethereum, has etched its name in the annals of decentralized finance (DeFi) by surpassing one million Ethereum validators, a testament to its dominance within the realm of decentralized staking. This remarkable achievement was announced in an official blog post on April 29, solidifying Lido Finance's position as the largest protocol in the DeFi landscape.

Lido Finance 是以太坊上業界領先的流動性質押協議，它的名字已在去中心化金融(DeFi) 的史冊上銘刻，其以太坊驗證者數量超過100 萬，這證明了其在去中心化金融領域的主導地位。這項非凡成就於 4 月 29 日在官方部落格文章中宣布，鞏固了 Lido Finance 作為 DeFi 領域最大協議的地位。

The allure of Lido Finance lies in its innovative solution to the accessibility challenges faced by retail users in the traditional staking process. Unlike regular staking, which requires a hefty investment of 32 Ether (ETH) to operate a validator node on Ethereum, Lido Finance democratizes staking by allowing users to participate with smaller capital contributions.

Lido Finance的吸引力在於其創新的解決方案，解決了零售用戶在傳統質押過程中面臨的無障礙挑戰。與常規質押需要大量投資 32 以太幣 (ETH) 才能在以太坊上運行驗證器節點不同，Lido Finance 透過允許用戶以較小的出資參與來實現質押民主化。

This user-centric approach has propelled Lido Finance to the forefront of the staking industry, commanding an impressive 28.5% share of all staked Ether, according to data from Dune Analytics. Coinbase, the renowned cryptocurrency exchange, follows with a 13.6% stake. The growing popularity of staking is evident, with over 27% of the total Ether supply currently staked.

根據 Dune Analytics 的數據，這種以用戶為中心的方法將 Lido Finance 推向了質押行業的前沿，在所有質押以太幣中佔據了令人印象深刻的 28.5% 的份額。著名的加密貨幣交易所 Coinbase 緊隨其後，持有 13.6% 的股份。質押的日益普及是顯而易見的，目前質押了超過 27% 的以太幣供應量。

The surge in Lido Finance's dominance can be attributed to the liquidity benefits it offers users. Unlike traditional staking, where staked tokens remain locked and unusable for an extended period, Lido Finance users receive stETH (Lido Staked ETH) in return, which can be seamlessly deployed in other DeFi protocols. This liquidity advantage has been a major catalyst in the burgeoning growth of DeFi.

Lido Finance 主導地位的飆升可歸因於它為用戶提供的流動性優勢。與傳統質押不同的是，質押代幣在較長時間內保持鎖定且無法使用，Lido Finance 用戶收到 stETH（Lido Staked ETH）作為回報，可以無縫部署在其他 DeFi 協議中。這種流動性優勢一直是 DeFi 蓬勃發展的主要催化劑。

The impact of liquid staking protocols like Lido Finance on the DeFi ecosystem has been nothing short of transformative. In the fourth quarter of 2023, the total value locked (TVL) in DeFi protocols stood at a mere $36 billion. However, buoyed by the liquidity benefits offered by Lido and its ilk, TVL skyrocketed to $97 billion in the first quarter of 2024, representing a staggering increase of 65.6% quarter-on-quarter, according to data from on-chain intelligence provider Messari.

像 Lido Finance 這樣的流動性質押協議對 DeFi 生態系統的影響可謂是變革性的。 2023 年第四季度，DeFi 協議的鎖定總價值（TVL）僅為 360 億美元。然而，根據鏈上情報提供者 Messari 的數據，在 Lido 及其同類產品提供的流動性優勢的推動下，TVL 在 2024 年第一季飆升至 970 億美元，環比增長 65.6%，令人震驚。

Lido Finance's contribution to the DeFi landscape cannot be overstated. The protocol currently boasts a staggering $29.9 billion in cumulative TVL, accounting for over 60% of the $47.7 billion held by liquid staking protocols, according to DefiLlama. This dominance has also positioned liquid staking as the largest protocol category in DeFi, eclipsing lending and cross-chain bridges in terms of combined TVL.

Lido Finance 對 DeFi 領域的貢獻怎麼強調都不為過。據 DefiLlama 稱，該協議目前的累積 TVL 高達 299 億美元，佔流動質押協議持有的 477 億美元的 60% 以上。這種主導地位也使流動質押成為 DeFi 中最大的協議類別，就總 TVL 而言，超過了借貸和跨鏈橋。

Despite its remarkable growth, Lido Finance's dominance has not escaped scrutiny. Ethereum co-founder Vitalik Buterin has previously voiced concerns about the potential centralization risks associated with Lido's growing influence over Ethereum validators. However, Lido has implemented robust safeguards to mitigate these risks, acknowledging the importance of ensuring decentralization within the Ethereum ecosystem.

儘管成長顯著，麗都金融的主導地位也未能逃脫審查。以太坊聯合創始人 Vitalik Buterin 先前曾對 Lido 對以太坊驗證者影響力不斷增長帶來的潛在中心化風險表示擔憂。然而，Lido 已經實施了強有力的保障措施來減輕這些風險，並承認確保以太坊生態系統內去中心化的重要性。

As the DeFi landscape continues to evolve, Lido Finance's position as the undisputed leader in liquid staking remains unchallenged. Its innovative solutions have democratized staking, fueled the growth of DeFi, and empowered users with increased flexibility and liquidity. With over one million validators entrusting their Ether to Lido, the protocol has cemented its status as a cornerstone of the decentralized finance ecosystem.

隨著 DeFi 格局的不斷發展，Lido Finance 作為流動質押領域無可爭議的領導者的地位仍然不受挑戰。其創新解決方案實現了質押民主化，推動了 DeFi 的成長，並為用戶提供了更高的靈活性和流動性。超過一百萬驗證者將他們的以太幣委託給 Lido，該協議鞏固了其作為去中心化金融生態系統基石的地位。