Lido Centralization Risks On Ethereum Raises Concerns: Will LDO Crash?

Lido, the liquidity staking protocol that supports staking, is now under some of the Ethereum community members’ crosshair. There are fears that the platform is centralizing Ethereum and could make the blockchain fragile.As of June 1, Lido is the largest decentralized finance protocol. DeFiLlama data shows that the platform manages $13.2 billion  in staked assets. 
At this level, Lido has nearly twice the total value locked (TVL) as in MakerDAO, one of the original decentral