🟢Where we’re already succeeding - Operators run their own nodes (no white-labeling) - Good performance - Operators should earn enough to build a profitable, dependable staking business - Lido is easy to fork - Withdrawal requests are automatically fulfilled - Withdrawal credentials are non-custodial and trustless
🟡Where we’re doing well, but can improve - No operator has more than 1% of total stake - Distributed geographically and jurisdictionally - Distributed variation of on-premise infra and different cloud providers - Best practices in security and key management - Client Diversity - Lido’s smart contracts have the best security possible - Node operators are disincentivized from acting maliciously - Lido DAO can’t suddenly change the validator set
🔴Needs Improvement - Lido governance has significant safeguards - There’s a robust set of Lido governance delegates - Delegation is enabled in onchain Lido governance - There is a way for stakers to resist malicious governance capture - There’s a way for operators to permissionlessly enter the set and prove themselves
