Kintsu's north star is decentralizing the validator curation process without trading off performance and ensuring yield remains competitive without any gatekeepers.

When we look at the top performing LSPs on Ethereum (Lido) and Solana (Jito), we notice that there is about 30-40% market share absorbed of the total stake on the network. On Hype, it's much lower (around 5%), which tells us the opportunity is still open.

We think liquid staking rates could still be higher on the likes of Ethereum and Solana though, but the limiting factor might be the validator curation process and any form of gatekeeping in the existing Liquid Staking Protocols which can deter more capital being deployed. For that reason, we are building Kintsu as a governance-first architecture with gamified incentives for validator performance and selection to ensure yield is optimized without our team having to control via a permissioned and closed protocol, which seems to align well with the Hype ethos – think of it as a fantasy validator league where delegates can choose a team of validators and earn points for their performance.

We remain MEV agnostic and want our validators to have the freedom to choose the best performing MEV clients which can feed into their performance to compete in the league.

To ensure there is no funny business, there will be a separate council who's sole responsibility is to put out fires, akin to slashing.

Check out our docs for more, and feel free to reach out and ask questions.

📜 Docs: https://docs.kintsu.xyz/

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