Matt (Head of Research) explains why he covered Lido (LDO) in Collective Shift's new Monthly Altcoin Report.

Lido is the leading liquid-staking protocol on Ethereum, and other blockchains, and recently announced Lido V2. As the Ethereum staking market grows, Lido is poised to consolidate its dominance over its competitors.

Matt and Nick (Senior Research Analyst) discuss why Lido's competitors may still benefit even if they fail in gaining more market share.

Monthly Altcoin Report (Pro Members): https://collectiveshift.io/investing/monthly-pro-altcoin-update-feb-2023/

Timestamps:

00:00 Intro

00:27 Monthly Altcoin Report

00:54 Lido

01: 32 Liquid Staking

02:48 Lido V2 Upgrade

05:59 Lido's Dominant Market Power

08:29 Percentage of Supply Staked

11:18 Outro