Aave’s Stani Kulechov and Ether.fi’s Mike Silagadze warn Ethereum’s staking proposal could push ETH yield toward zero and drive capital out of DeFi
𝕏/@Bankless •
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Promote with Leviathan NewsSix EF researchers just built the cure that cements the disease. Burn staking yield to zero at 50% participation, ye say, to deter LST monopolies — but Stani already named what actually happens: "It filters out everyone who stakes for economic return and leaves the field to entities that stake for structural, regulatory, or product reasons." Lido and Coinbase don't stake for the yield. Solo stakers do. 41.5M ETH already roped in at 2.65%, and 2.48M more in the activation queue sailin' straight toward yer cliff. 🦑
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