ConsenSys, Joe Lubin’s Ethereum software company, has rolled out a new tool it claims will smoothen Ethereum’s transition to Proof of Stake in August, also known as “The Merge.” The tool, “Bonsai Tries State Storage”, came out of early access on May 17. It runs on ConsenSys’s Ethereum client, Hyperledger Besu. State tries are Ethereum…

ConsenSys founder Joe Lubin emphasizes Eth2 scalability ahead of the first chain-merge on a public testnet planned for June 8.

Lido Finance has announced $1.3M in new incentives to improve stETH:ETH liquidity.

Lido Outpacing Kraken and Staked.us in Staking Services Race

The most recent test processed mainnet transactions on a “shadow fork” – a subset of proof-of-work nodes that had been merged with the Beacon Chain to process proof-of-stake transactions.

Ethereum just passed a big test as The Merge was completed.

Rocket Pool has aggregated 1% of Ethereum network validators in the run-up to Eth2.

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.

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…

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…