Lido 的以太坊质押垄断被打破，缓解了对去中心化的担忧

以太坊流动性质押提供商 Lido 的市场份额已下降至 29.57%，减少了对其在生态系统中主导地位的担忧。虽然 Lido 的受欢迎程度和缺乏竞争此前使其占据了超过 32% 的市场份额，但竞争的加剧和 Coinbase 和 Binance 等替代性质押平台促使质押 ETH 的分布更加去中心化。 ETH 质押的第二大实体仍未确定，占据 16.9% 的市场份额。

Lido's Dominance Wanes in Ethereum Staking Market, Allaying Concerns

Lido 在以太坊质押市场的主导地位减弱，缓解了担忧

The Ethereum staking landscape has undergone a significant shift, with the market share of leading provider Lido Finance declining from 32% in December 2023 to 29.57% as of April 4, 2024. This reduction has assuaged concerns within the Ethereum community that Lido's growing influence posed a potential threat to the ecosystem's decentralization.

以太坊质押格局发生了重大转变，领先提供商 Lido Finance 的市场份额从 2023 年 12 月的 32% 下降至截至 2024 年 4 月 4 日的 29.57%。这一下降缓解了以太坊社区对 Lido 日益增长的影响力带来的担忧。对生态系统去中心化的潜在威胁。

Lido's initial surge in popularity stemmed from its user-friendly interface, automated staking services, and a lack of viable competitors in the space. However, the platform's dominance raised questions about the potential for a single entity to exert undue influence over the Ethereum blockchain.

Lido 最初的受欢迎程度源于其用户友好的界面、自动质押服务以及该领域缺乏可行的竞争对手。然而，该平台的主导地位引发了人们对单一实体对以太坊区块链施加不当影响的可能性的质疑。

According to guidelines proposed by Ethereum co-founder Vitalik Buterin, stake pools should ideally not exceed 15% control to ensure a decentralized staking ecosystem. In May 2022, the Lido Decentralized Autonomous Organization (DAO) attempted to address this issue by proposing a hard limit on staking contributions. However, the proposal was overwhelmingly rejected by the DAO, with 99.81% of votes cast against it in June 2022.

根据以太坊联合创始人 Vitalik Buterin 提出的指导方针，理想情况下，权益池的控制权不应超过 15%，以确保去中心化的权益生态系统。 2022 年 5 月，Lido 去中心化自治组织（DAO）试图通过提出对质押贡献的硬性限制来解决这个问题。然而，该提案被 DAO 以压倒性多数否决，2022 年 6 月，99.81% 的票投了反对票。

The recent erosion of Lido's market share has been attributed to an influx of new staking providers, including Coinbase, Binance, and Kiln. Notably, an "unidentified" entity now accounts for 16.9% of the market, adding to the diversity of the staking landscape.

最近 Lido 市场份额的下降归因于新的质押提供商的涌入，包括 Coinbase、Binance 和 Kiln。值得注意的是，“身份不明”的实体目前占据了 16.9% 的市场份额，增加了质押格局的多样性。

This diversification is crucial for ensuring that no single entity wields excessive control over the Ethereum network. In a recent report, Coinbase analysts highlighted the potential risks associated with Ethereum restaking and the issuance of liquid restaking tokens (LRTs). They cautioned that restaking, while offering increased earnings, could also compound risks by allocating funds to similar validators for higher yields.

这种多元化对于确保没有任何一个实体对以太坊网络拥有过度控制至关重要。在最近的一份报告中，Coinbase 分析师强调了与以太坊重新抵押和发行流动性重新抵押代币（LRT）相关的潜在风险。他们警告说，重新质押虽然可以增加收益，但也可能通过将资金分配给类似的验证者以获得更高的收益率来加剧风险。

The analysts further noted that LRTs might prioritize maximizing yields to gain market share, potentially at the expense of a hidden risk profile. To address these concerns, they emphasized the need for transparency and risk disclosure to ensure informed decision-making by stakers.

分析师进一步指出，轻轨可能会优先考虑最大化收益率以获得市场份额，这可能会以牺牲隐藏的风险状况为代价。为了解决这些问题，他们强调需要透明度和风险披露，以确保利益相关者做出明智的决策。

The decrease in Lido's market share and the emergence of new staking providers have reinvigorated the debate around decentralization in the Ethereum ecosystem. The ongoing efforts to democratize staking, coupled with the development of new technologies and protocols, are paving the way for a more balanced and secure Ethereum network.

Lido 市场份额的下降和新质押提供商的出现重新引发了围绕以太坊生态系统去中心化的争论。质押民主化的持续努力，加上新技术和协议的发展，正在为更加平衡和安全的以太坊网络铺平道路。

As the Ethereum network evolves, the importance of maintaining a decentralized staking landscape cannot be overstated. The recent decline in Lido's dominance is a positive step in this direction, signaling an increased awareness and commitment to preserving the integrity and resilience of the Ethereum blockchain.

随着以太坊网络的发展，维持去中心化质押格局的重要性怎么强调都不为过。最近 Lido 主导地位的下降是朝这个方向迈出的积极一步，表明人们对维护以太坊区块链的完整性和弹性的认识和承诺有所增强。