Matt (Head of Research) explains why he covered Lido (LDO) in Collective Shift's new Monthly Altcoin Report.
Lido is the leading liquid-staking protocol on Ethereum, and other blockchains, and recently announced Lido V2. As the Ethereum staking market grows, Lido is poised to consolidate its dominance over its competitors.
Matt and Nick (Senior Research Analyst) discuss why Lido's competitors may still benefit even if they fail in gaining more market share.
Monthly Altcoin Report (Pro Members): https://collectiveshift.io/investing/monthly-pro-altcoin-update-feb-2023/
Timestamps:
00:00 Intro
00:27 Monthly Altcoin Report
00:54 Lido
01: 32 Liquid Staking
02:48 Lido V2 Upgrade
05:59 Lido's Dominant Market Power
08:29 Percentage of Supply Staked
11:18 Outro
