20-10-2023 02:00 via newsbtc.com

Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?

The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has risen steadily over the past few years. Surprisingly, revenue accrued by the platform (compared to staking rewards distributed) remains comparatively low. 
Lido Finance Revenue Isn’t Growing As Fast As Expected
Looking at Token Terminal data shared on October 19, the blockchain analytic platform observed that while staking rewards paid, counted as “fees
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