In Defense of Lido With Hasu

<p>Lido has over 30% ETH staked. Should we be alarmed? Joining us is Hasu to shed some light on this question.</p> <p>In this wide ranging interview we discuss the State of Staking, the state of Lido, Idealist vs Pragmatics and asking the question - is Lido's reputation unfair?</p> <p>------<br /> ✨ DEBRIEF | Unpacking the episode:<br /> <a href= "https://www.bankless.com/debrief-hasu">https://www.bankless.com/debrief-hasu</a><br /> -----<br /> 🚀Join Ryan & David at Permissionless II in September.<br /> <a href= "https://bankless.cc/GoToPermissionless">https://bankless.cc/GoToPermissionless</a> <br /> ------<br /> 📣 STADER LABS | ETHX LIQUID STAKING<br /> <a href= "https://bankless.cc/Stader">https://bankless.cc/Stader</a> <br /> ------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://%E2%81%A0https//k.xyz/bankless-pod-q2">⁠https://k.xyz/bankless-pod-q2 </a> ⁠</p> <p>🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING<br /> <a href= "https://bankless.cc/MetaMask">https://bankless.cc/MetaMask</a>  </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a>   ⁠</p> <p>🛞MANTLE | MODULAR LAYER 2 NETWORK<br /> <a href= "https://bankless.cc/Mantle">https://bankless.cc/Mantle</a>  ⁠</p> <p>👾POLYGON | VALUE LAYER OF THE INTERNET<br /> <a href= "https://polygon.technology/roadmap">https://polygon.technology/roadmap</a> </p> <p>🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION<br /> <a href= "https://bankless.cc/Toku">https://bankless.cc/Toku</a> <br /> -----<br /> TIMESTAMPS</p> <p>0:00 Intro<br /> 4:34 Is Lido's Perception Unfair?<br /> 9:08 Is Lido Too Big To Fail?<br /> 15:57 What Can An Entity Do With 33%?<br /> 21:27 TLDR Recap and Overview<br /> 24:11 When Does Lido Risk Become Systemic<br /> 32:54 Lido Is Not One Entity<br /> 36:40 Node Operators vs DAO<br /> 41:19 LDO Governance<br /> 49:39 Is Lido Forkable?<br /> 52:37 The Path To 5,000 Operators<br /> 58:46 Distributed Validator Technololgy<br /> 1:08:16 Addressing Th