• © Goverland Inc. 2026
  • v1.0.3
  • Privacy Policy
  • Terms of Use
LidoLidoby0x009515EfabCcdBAfA485f3919d94C85Ff23Ba75Dstake.com✅.eth

Is the backwards integration with blockscape (staking stETH) a risk? (recursively staking ETH?)

Voting ended about 2 years agoSucceeded

So, many of us are of course staking stETH on https://blockscape.org 's non custodial stETH staking portal, but it got me wondering...

If a user: stakes ETH on LIDO, to receive stETH, then stakes stETH on blockscape, and because of the way blockscape credits the yield, we can immediately restake any earnings into more stETH, and getting a kind of snowball-effect

this seems like a possibly leveraged staking situation, and could be a risk to the ecosystem?

I propose we conduct a review to make sure this is not a risk to the LIDO ecosystem, and if it is, we should prohibit stETH being used in this way via a contract update.

Off-Chain Vote

Review - may be risk
3.43K LDO99.3%
It's not a risk
23.41 LDO0.7%
Download mobile app to vote

Discussion

LidoIs the backwards integration with blockscape (staking stETH) a risk? (recursively staking ETH?)

Timeline

Nov 09, 2023Proposal created
Nov 09, 2023Proposal vote started
Nov 12, 2023Proposal vote ended
Nov 12, 2023Proposal updated