Staking - Page 9
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The Merge Works! Ethereum’s Passes Major Test in Shift to Proof of Stake
Ethereum just passed a big test as The Merge was completed.
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Staking Race Quickens as Rocket Pool Draws 1% of Ethereum's Validators in Three Months
Rocket Pool has aggregated 1% of Ethereum network validators in the run-up to Eth2.
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AXS Holders Have $2.5B Staked in Axie Infinity in Two Weeks
Axie Infinity has just under $2.5B of its governance token, staked on its Ronin sidechain. That’s more than a quarter of AXS’s total circulating supply.
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Lido Brings Liquid Staking to Solana, Its Third Blockchain
Staking assets on a blockchain helps to secure the network, but losing that liquidity can be painful for traders and investors. So the team behind the derivatives protocol, Lido, created a staking derivative that allows investors to stay liquid while also supporting the security of the networks they rely on. So far, Lido has enabled…
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ETH Staking Service Lido Aims To Go Fully Decentralized
The Ethereum staking-as-a-service company Lido is aiming to go fully decentralized. The project has implemented a skeleton upgradable smart contract for making new withdrawals and new deposits fully non-custodial. The project is still seeking an optimal solution to become a trustless node operator. Lido offers users the ability to stake ETH, which will be utilized…
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Sygnum is the First Bank Offering Eth2 Staking
Sygnum has become the world’s first bank to offer Ethereum 2.0 staking. The digital asset bank based out of Switzerland will allow clients to securely stake Ethereum through its banking platform. Currently, Ethereum staked through Sygnum can generate yields of up to 7% per annum. Ethereum 2.0 is a scalability upgrade to the Ethereum network,…
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SharedStake Down 95% After Insider Exploit
SharedStake, a decentralized ETH2.0 Staking-as-a-Service protocol, is in disarray after a suspected inside job. In a series of transactions on June 19 and June 23, a ‘rogue developer’ withdrew $500K worth of SGT, the project’s governance token, from the team’s allocation. These tokens were locked in a vesting contract and were meant to be unlocked…
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Synthetix Introduces Layer 2 Staking on Optimism
Things are hopefully about to speed up and get cheaper in Ethereum land, as Synthetix, the synthetic asset issuance protocol, deployed its staking code from Ethereum to Optimism, a Layer 2 scaling solution on Jan. 15. Now, users can migrate their Synthetix Network Tokens (SNX), used to mint the protocol’s synthetic assets, to Optimistic Ethereum’s…