Opposing Centralization in Ethereum Staking

CoinDesk reported:

Stakers put down collateral in the form of ETH to validate the network and receive rewards in the form of ETH. Yield is dependent on the size of the validator set, which, in theory, creates a market equilibrium — if yield is too low, people unstake. If the validator set is too small, yield increases and new stakers are incentivized to enter the set.

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