Data shows more than 70% of the total staked Ethereum supply is contributed by staking services, with Lido accounting for the most amount.
Ethereum Staking Service Providers Have Locked In A Total Of 11.4 Million ETH
Last year, ETH successfully completed a transition to a Proof-of-Stake (PoS) consensus mechanism, which meant that miners no longer had a role to play on the network as chain validators called “stakers” filled in their role.
Just like miners, stakers earn rewards for acting…
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