By allowing users to implement safe compounding yield strategies, alongside market-making opportunities to provide further earning potential, decentralized LSD providers, including Rocket Pool, Frax Finance and Lido, have brought significant merit to the Ethereum ecosystem by securing coveted institutional and retail buy-in.
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- Source: https://www.coindesk.com/consensus-magazine/2023/09/25/how-much-does-the-first-mover-advantage-matter-for-crypto-staking/?utm_medium=referral&utm_source=rss&utm_campaign=headlines