In recent developments, JPMorgan’s research report highlights concerns over the increasing centralization and declining staking yield of Ethereum (ETH) following the Merge and Shanghai upgrades. While Lido, a decentralized liquid staking platform, aims to mitigate centralization risks by adding more node operators, the report warns that centralized control poses threats, including potential collusion and rehypothecation dangers within the DeFi space.
Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan
