More Ass Whoopings coming for Ethereum and Staking partners Lido & Rocket Pool! 🤜💥🤕

1 year ago
57

In this video, we discuss Ethereum liquid staking solutions like Lido and Rocket Pool, in the context of the SEC's crackdown on Kraken's "staking as a service."

Many people in the Ethereum community fail to grasp how centralized both Lido and Rocket are. Most of the governance tokens are controlled by VC's and insiders who get to pick the node operators and ensure that OFAC censorship of transactions and blocks is carried out by these operators.

The fact that ConsenSys not only owns Infura and Metamask, but is also the main investor in Rocket Pool is the icing on the cake. Joe Lubin, as an Ethereum co-founder, has tremendous power over the entire Ethereum ecosystem-- which gives the lie to ETH's claims of decentralization.

If Ethereum is ever forced to file disclosures with the SEC, we can guess that it will be quite the 💩 show.

SEC Putting Stake In Crypto's Heart:
https://www.youtube.com/watch?v=5EbCHlkhHRI&ab_channel=TraderUniversity

SEC shuts down Kraken staking:
https://twitter.com/GaryGensler/status/1623777842000539648

Ether Liquid Staking Platforms Will Benefit:
https://www.coindesk.com/business/2023/02/10/ether-liquid-staking-platforms-will-benefit-as-sec-actions-likely-fail-to-deal-defis-knockout-blow/

Lido TVL:
https://defillama.com/protocol/lido?denomination=ETH&hideEvents=false

Lido is a huge validator:
https://beaconcha.in/pools

How to stake ETH on Lido:
https://stake.lido.fi/

Apply to be a Lido Node Operator:
https://operatorportal.lido.fi/apply-to-be-a-lido-node-operator

95% of LDO supply is held by 1% of addresses:
https://twitter.com/Checkmatey/status/1540703545267298304

List of Lido investors:
https://www.crunchbase.com/organization/lido-b607/company_financials

https://techcrunch.com/2022/03/03/lido-raises-the-stakes-for-crypto-defi-investors-with-new-capital/

Watch Lido impose OFAC censorship:
https://www.mevwatch.info/

Rocket Pool investors:
https://www.crunchbase.com/organization/rocket-pool/company_financials

Ethereum ecosystem highly dependent on Infura:
https://www.theblock.co/post/84232/ethereum-infrastructure-provider-infura-is-down

ConsenSys updates policy to collect IP addresses from MetaMask:
https://cryptoslate.com/consensys-updates-policy-to-collect-metamask-ip-data/

Joe Lubin:
https://en.wikipedia.org/wiki/Joseph_Lubin_(entrepreneur)

Ethereum "Merges" With The SEC:
https://www.youtube.com/watch?v=t0VRbQ2njxQ

Original Video by Trader University: https://www.youtube.com/watch?v=PGZQMHhUM0o

🦁 www.MAGAlionHAT.com 🦁
-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: MAGAlionHAT@Gmail.com

Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT

Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑

It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏

₿itcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j

₿itcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5

₿itcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC

Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV

Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS

Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773

Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e

VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b

Loading comments...