Rocket Pool accused of fake decentralization

Lido team member Dmitry Gusakov stated that their Rocket Pool competitors are not fully decentralized. He emphasized that the DAO does not actually operate the Rocket Pool platform. All power is in the hands of the developers, who can change any parameters, including increasing the inflation rate to any number. Or increase commissions to 100%.

Gusakov added that the developers of Lido Finance do not have such an option. And all the actions in the protocol “fully controls LidoDAO“.

The accusation was answered by a Rocket Pool Community lawyer under the pseudonym Jasper.lens. He said that his team has long known about such a vulnerability and will fix it in the future. The man accused the Lido team of manipulating the topic.

Jasper.lens reminded me about the Saturn update, which will completely eliminate this problem.

“pDAO was not tested at launch, however this has changed and the Saturn update is all about fixing decentralization holes”


Source: Cryptocurrency

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