I don't see anything wrong here. The community (= UNI holders) vote on what the protocol should do, according to their personal interest. The vote is proportional to their bag size. This is how a free market is supposed to work.
Follow
Click to Follow frontalpha_eth
frontalpha.eth | Lido
@frontalpha_eth
Community member at lido.fi
Joined April 2012
frontalpha.eth | Lido’s Tweets
should Lido be more aggressive in pushing back against FUD?
When you make a selection it cannot be changed
yes
no
not sure
show results
125 votes11 hours left
5
3
3
Woah
Quote Tweet
1
2
Not sure I agree with Scotts takes most of the time but this stream of consciences was extremely well said and distills the core reason most L1's will fail long term.
Quote Tweet
quick explainer on canto’s no simping approach to integrations.
we’ve seen new chains work really hard to attract large ethereum startups to add them. often times paying huge incentives in tokens, LM or other “out of band” compensation.
canto didnt do that, but why?
/1
Show this thread
5
The reason LSDs are so powerful is because they provide the most efficient function for determining the exact amount of liquid ETH demanded by users. Basically, 80% staked ETH means 20% of supply is needed/ desired for purchasing blockspace. There will be basically no “holders”
4
9
56
Show this thread
gm - beautiful day to be reminded tbat you don't need to have 5 figures to start with ❤️
2
8
Who wants to hear my story about how Uniswap actually got started?
145
428
1,632
Show this thread
It's stats o'clock! DAO Treasury Fund's grown ~79% during the past 30 days, according to .
Have accidentally missed what Treasury Fund is for? #Lido team made an explicit overview of the purpose and common use cases. Read & share: blog.lido.fi/lido-dao-treas
Quote Tweet
1/4 DAO treasuries jumped 38.5% in January, from $8.9B to $12.3B 
With their strong performance, the DAOs out performed both ETH (30.9%), and BTC (38.2%)
In the top 20, the biggest gainers are @decentraland, @fraxfinance, @LidoFinance, and @CurveFinance
Here are the top 20
With their strong performance, the DAOs out performed both ETH (30.9%), and BTC (38.2%)
In the top 20, the biggest gainers are @decentraland, @fraxfinance, @LidoFinance, and @CurveFinance
Here are the top 20Show this thread
1
2
stMATIC round is now LIVE!
Quote Tweet
With the Lido on Polygon v2 upgrade successfully completed, Lido is pleased to announce the second Node Operator onboarding round for Lido on Polygon.
Applications will be accepted from prospective Node Operators from February 1st to February 28th.
research.lido.fi/t/announcement
Show this thread
1
1
The Ethereum ecosystem has been buzzing about the Shanghai update, Lido, and liquid staking.
The factors below contributed to my bullish outlook on $ETH.
1/
4
2
8
Show this thread
read image description
ALT
5
3
13
Show this thread
1/ How much does it really cost to run a DAO?
In this article, we provide a breakdown of the operational costs of , , and .
9
62
145
Show this thread
A curious q from : 𝘏𝘰𝘸 𝘮𝘶𝘤𝘩 𝘥𝘰𝘦𝘴 𝘪𝘵 𝘳𝘦𝘢𝘭𝘭𝘺 𝘤𝘰𝘴𝘵 𝘵𝘰 𝘳𝘶𝘯 𝘢 𝘋𝘈𝘖?
While for most of chains salaries & other costs are managed via trad off-chain entities, there're a few, who publicly share operational costs, and among them.
Quote Tweet
1/ How much does it really cost to run a DAO?
In this article, we provide a breakdown of the operational costs of @MakerDAO, @LidoFinance, and @SushiSwap.
Show this thread
1
3
7
Show this thread
The future of bitcoin is now
Quote Tweet
The things we’re going to do with Taproot ̶w̶i̶l̶l̶ ̶b̶l̶o̶w̶ ̶y̶o̶u̶r̶ ̶m̶i̶n̶d̶ will be dickbutts.
It will be dickbutts.
Show this thread
1
1957 interview with Vilhjalmur Stefansson, the man who imported carnivore diet from the natives of the Arctic to our civilization.
“We have a weakness of not learning from the natives, but rather teaching them.”
youtu.be/gT7u2GlEfxs
HT
2
14
Replying to
I agree. However, before this I was under the impression that Bitcoin blocks rarely were multiple MB in size. This would seemingly speed up chain size. I did super rough math (lol) and came up with...
4MB x 6 an hour (10 min. block time) x 24 per day , 365 days = ~210MB a year
4
1
4
What can be fucked with, will be fucked with
GIF
read image description
ALT
Quote Tweet
The entire bitcoin community seems to be sleeping on the fact that **taproot blew up the limit to transaction size.** You can now do a single 4MB tx taking up an entire block, storing 4MB of arbitrary data on every node forever. There was a war fought over this with OP_RETURN.
Show this thread
As promised — #LidoWeeklyStatsDashboard. Worth to mention that TVL and daily fees are above $7b and $1m respectively the 2nd week in a row.
1
1
6
Show this thread
Some big things on the horizon next week... 👀
Hint: Get a machine and some Goerli ETH ready to go
42
58
239
Yesterday had the 3rd NO Call. At the beginning spoilered it'd be a bit over an hour, but here is my spoiler - 2 hours. Speakers were so gooood, as well as their presos, so we just could't stop 😂
Find below and share w/ your folks my recap of the call.
4
9
30
Show this thread
👀
Quote Tweet
Lido creating their own protocol specific stablecoin (i.e crvUSD, GHO) seems like a good move to me.
Have it be CDP like DAI, where users can borrow against their stETH/ETH at 0% but forgo their staking yield, which is given to stablecoin depositors in a variable yield.
Show this thread
Replying to
It's too bad we switched from POW to POS.
With POW, DVT would've been called Distributed Miner Technology, and then we could've had both LSD and DMT.
1
4
LIVE!
Quote Tweet
Lido NOM Call #3 is going live 
Agenda:
- Polygon V2 upgrade (LoP) + LoP Wave 2 Onboarding
- Technical deep-dive: ETH Withdrawals update
- Guest appearance: @ratedw3b
- @nethermindeth Lido Phase 1 recap
Livestream: youtube.com/watch?v=-bHBQ9
Agenda:
- Polygon V2 upgrade (LoP) + LoP Wave 2 Onboarding
- Technical deep-dive: ETH Withdrawals update
- Guest appearance: @ratedw3b
- @nethermindeth Lido Phase 1 recap
Livestream: youtube.com/watch?v=-bHBQ91
5
Community wisdom: "Live is always better, than a recording".
NOM Community Call is on air. Join!
1
1
6
Show this thread
📈 Lido Analytics: Jan 16 - 23, 2023
TLDR:
- Lido staking deposits increased across all chains except Solana.
- Lido led in Ethereum staking deposits, capturing 38.6% of total staked ETH last week.
- stETH/ETH rate sits at 0.9971.
6
25
99
Show this thread
So I think the most lucrative question in the crypto market is determining how much stETH is going to get withdraw.
Is the market under or over estimating withdrawals?
1
1
Show this thread
There could be a lot of distressed centralized custodians that need to unload stETH to pay their debtors/LPs after all the disastrous events of last year and the market is adjusting for that.
1
Show this thread
more validators get spun up. I think one thing that Lido might be able to change is share more photos/geographical diversity of node operators, more humans, and the massive infrastructure behind Lido's success
1
Show this thread
Rocket Pool's social media and influencer presence is really good too. The constant sharing of validator setups and hobbyist culture is pretty dope and give it a sense of constant progress and building. For comparison Lido whitelists a batch of new node operators and 1000s
1
2
Show this thread
But they do understand Ethereum.
Show this thread
In many ways, many of the no-coiners understand bitcoin as much as atheists understand religion
They understand it better.
1
Show this thread
Today is my last day at a 9-5 job.
I'm all-in on DeFi now – if it goes down, so do I.
But we all know that won't happen 🤗
340
76
2,021
Show this thread
We wrapped up another #AllCoreDevs a few hours ago - covered Shapella/Withdrawals, SELFDESTRUCT deprecation, and Cancun next steps 🏝️
Agenda: github.com/ethereum/pm/is
Recording: youtube.com/watch?v=hVeMHo
Recap below 👇
Quote Tweet
So that was it for this week 
The CL call, ACDC, is scheduled next Thursday 14:00 UTC, and the next ACDE will happen the week after, on Jan 19, 14:00 UTC as well. See you there!
The CL call, ACDC, is scheduled next Thursday 14:00 UTC, and the next ACDE will happen the week after, on Jan 19, 14:00 UTC as well. See you there!Show this thread
6
35
145
Show this thread
It's kinda nice on twitter again
1
on decentralized stablecoin flywheel effects
🧵/16
3
38
99
Show this thread
On-chain foreign exchange (FX) is a new model of global value exchange that offers a faster, cheaper, and more efficient alternative for cross-border payments.
Our recent research paper with has it all 🧵
38
193
553
Show this thread
Dutch central bank informs the public on crypto: “Well-known cryptos are Bitcoin, Ether and Etherium” 😳
dnb.nl/en/innovations
188
174
1,171