HORD Docs
  • Introduction
  • About HORD
    • An Overview of Ethereum Staking
    • Why Hord?
  • Hord ETH Staking
    • APR
    • Consensus & Execution Layer Rewards
    • Hord Reward Model
    • Protocol Fee
  • Security
    • Smart Contract Audits
    • Bug Bounty
    • Risk Disclaimer
  • hETH
    • What is hETH?
    • Auto Compounding
  • Hord Governance
    • Why Implement Governance at Hord?
    • Governance Functions
    • Proposal Submission at Hord
    • Governance Voting System & Specifications
  • HORD Token
    • Token Utilities
  • User Guides
    • Adding HORD to your Wallet
    • Staking with Hord
    • Withdrawing ETH
    • How to Bridge HORD Tokens via ChainPort
  • FAQ
  • PROTOCOL
    • 📄Smart Contracts
      • Hord Congress Members Registry
      • Hord Token
      • Maintainers Registry
      • Staking Configuration
      • Hord ETH Staking Manager (HETH)
      • Hord Congress
  • ABOUT
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  1. About HORD

An Overview of Ethereum Staking

PreviousAbout HORDNextWhy Hord?

Last updated 1 year ago

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The centralization issue in Ethereum staking has emerged as a concern. As of October 2023, the leading liquid ETH staking provider, Lido, controls a significant share of of the entire Ethereum staking market. This percentage includes solo stakers, exchanges, and staking-as-a-service providers. Lido's dominance in the LSDfi market is particularly noteworthy, where it controls a substantial 72% of the market. This concentration of staking power poses a potential threat to Ethereum's principle of decentralization.

Hord has taken proactive steps to address this challenge by launching its ETH staking pools, which offer stakers an attractive APR and introduces diverse features. Hord seeks to provide an alternative and contribute to the broader Ethereum ecosystem's decentralization.

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