Galaxy: The costs and benefits of Ethereum re-staking
Ethereum is the largest protocol to support re-staking to date, with $19.4 billion in re-staking deposits for ETH and its derivative assets, of which $18.3 billion was deposited by users in 2024.
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Ethereum is the largest protocol to support re-staking to date, with $19.4 billion in re-staking deposits for ETH and its derivative assets, of which $18.3 billion was deposited by users in 2024.
This report provides a comprehensive overview of staking, how it works on Ethereum, and important considerations for stakeholders when engaging in this activity.
StakeStone, a leader in Omnichain liquidity, offers a decentralized Liquid Staking Token (LST) protocol, aiming to revolutionize staking with innovative solutions.
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PYTH staking experiences a surge with over 109,000 users engaging in the last 30 days, propelled by guides on X linking staking to potential airdrops. However, despite the buzz, a significant 68% of stakers are cautious, committing 1,100 PYTH or less, hinting at a delicate balance between speculation and risk in the evolving decentralised finance landscape.
The primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
Equity analysts at Berenberg Capital Markets say that Coinbase’s suspension of staking in four states could open the door to scrutiny over its so-called Earn product.
Holders of its native token LINK can now contribute to the network’s security and receive rewards by doing so.
The Ethereum network has transitioned to proof-of-stake. Ethereum staking is a way ETH investors can earn a reward by locking up their coins.
The term staking receives many meanings in crypto, each of them presents its own set of opportunities and challenges.