Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data.
Category: staking
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Ethereum was upgraded to allow withdrawals on April 13, but Lido had not previously integrated with the new feature.
Lido users can now unstake their stETH and receive ETh at a 1:1 ratio.
If the governance vote passes, the latest iteration of Lido will come to the Ethereum blockchain, Lido’s biggest market.
The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals.
Investors are ditching the centralized exchange giants to stake their ETH holdings on decentralized alternatives amid regulatory concerns, and as […]
The influx into ETH staking was mainly driven by deposits from institutional staking platforms and reinvesting rewards, crypto analysts said.