There are concerns that re-staking could threaten the stability of Ethereum and cryptocurrencies themselves. Some of these concerns may be unfounded — for example, concerns about financial stability.
JinseFinanceWhy is everyone rushing to stake their ETH again? What does this mean for the future of Lido? Today we’ll explore these questions and more.
JinseFinanceCollapsed cryptocurrency lending platform Celsius has announced that it will withdraw $1.6 billion worth of Ethereum it had previously staked on the chain.
JinseFinanceJinseFinanceMaverick launched a decentralized exchange designed to compete with Uniswap, in partnership with Lido, Liquity, and Galxe.
TheBlockUsers of Ethereum’s quicker, cheaper layer 2 networks will have access to the new wrapped staked ETH (wstETH) token.
CoindeskThe stETH derivative and its spread to ETH, sharply narrowed as Ethereum completed its technology transition without a hiccup.
CoindeskLido’s liquid staking derivative token has over 90% of the Ethereum market share as the network ultimately transitions to proof-of-stake.
CointelegraphFor Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems.
CointelegraphLido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”
Cointelegraph