The total value of staked Ethereum hits record $10.07 Billion and trust for Proof Of Stake is fueling the price and entire ecosystem resources to make that a reality. The DeFi king will be king whatever others will assume or wonder... The total value of staked ethereum hits $10.07 billion as the price of ETH increases and more people continue to stake ETH for rewards. About 3.9 million ETH was staked as of April 22, 2021 according to on-chain data from Glassnodes. Ethereum 2.0 upgrade has also pushed it to become an alternative Proof-of-Stake (PoS) Network. The new consensus mechanism upgrade will be more scalable when the it’s completed. #Leofinance
No comments yet