Liquid staking protocols are popular among users who want to stake their ETH but don't have the required 32 ETH to launch their own validator. Lido and Rocket Pool are two popular liquid staking solutions compared in this article. Lido is favored for its simplicity and broad support for multiple blockchain platforms. Rocket Pool, on the other hand, focuses on decentralization and trustlessness. It has a diverse set of validators and a permissionless system. Lido has a larger market share but raises concerns about centralization. Rocket Pool offers slightly lower estimated APR but is more decentralized. Users looking for decentralization should choose Rocket Pool, while those prioritizing profitability and liquidity should choose Lido. Additionally, there is a mention of Ethereum restaking as a method to expand the utility of staked ETH and improve network security.
- Content Editor ( coincodex.com )
- 2024-12-11
Lido vs. Rocket Pool — Which ETH Staking Solution Is Best?