On the Beacon Chain, Lido is the owner of almost 40% of the ETH staked. According to Cointelegaph, Lido Finance, one of the biggest Merge staking providers, has made its debut on the layer-2 networks Optimism and Arbitrum, which it claims makes Ethereum staking more accessible while cutting gas costs. It has chosen to roll out layer-2 networks initially, which collectively account for 80% of the market.
Ethereum’s issuance has slowed at a drastic pace. Experts believe it is still an inflationary asset. While analysts predict it could become a deflationary asset in the near future. but is it so?