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Ethereum is "Terrifyingly" Centralized but there's a way out, ether.fi founder says

Ethereum is "Terrifyingly" Centralized but there's a way out, ether.fi founder says

FromThe Defiant - DeFi Podcast


Ethereum is "Terrifyingly" Centralized but there's a way out, ether.fi founder says

FromThe Defiant - DeFi Podcast

ratings:
Length:
62 minutes
Released:
Jul 10, 2023
Format:
Podcast episode

Description

Mike Silagadze is the founder and CEO of ether.fi, which is a new player in ethereum staking space, which allows stakers to control their keys while delegating their stake. A reminder that Ethereum now runs on Proof of Stake, which requires users to deposit, or stake, their ETH. Ethereum’s Shapella upgrade introduced the ability for early stakers to withdraw their ETH, which made Ethereum staking and the projects around it one of the hottest themes of crypto this year. Tokens that function as a receipt of staked ETH, called Liquid Staking Tokens, grew in popularity, as did concerns about centralization. We will begin our conversation with an introduction to ether.fi, followed by their differentiation in the already competitive liquid staking sphere.

Thanking our podcast sponsors:
Parcl is the decentralized real estate trading platform that is making it easier to get exposure to global real estate. For a limited time get 10% back on your first trade.
Arch, the crypto asset management platform that helps you maximize returns with diversified and gas-efficient investment strategies. Learn more at https://www.arch.finance/best-of-web3.
IPOR Protocol, the home of interest rate benchmarks, derivatives, structured products, and some of the best stablecoin yields in DeFi.
Released:
Jul 10, 2023
Format:
Podcast episode

Titles in the series (100)

The internet of money is being built with blockchain technology and without banks. We call it DeFi, short for Decentralized Finance, and this is where you can hear the builders and users of this cutting edge world tell their stories first hand. Hosted by Camila Russo.