Post-Merge ETH is obsolete by Cointelegraph

ETH after consolidation is outdated

for different years Blockchain projects rumored To be “killers” in the future, projects that will Take off the ether from his throne And usurped its title as the best digital asset. That day seemed to come, even though it seemed to be an inside job. Lido-staked Ethereum (stETH) and other liquid staking derivatives set up to offer Ether (ETH), as an asset, is obsolete.

Allows transition from PoW to PoW daily Decentralized Finance (DeFi) Users benefit from rewards previously reserved for miners simply by holding stETH or any ETH Liquid staking derivative. This has given way to a wave of interest across the industry, from individuals to institutions via central finance (CeFi) and DeFi. In the past month, liquid ETH derivatives have received a lot of attention, with industry giants including Coinbase (NASDAQ 🙂 and Frax — launching ETH Liquid staking derivatives.

Sam Foreman He is the founder of Sturdy, a DeFi lending protocol. He became passionate about coding in high school before studying mathematics and computer science at Stanford University. When he’s not working on Sturdy, Sam practices Brazilian Jiu-Jitsu and supports the New York Giants.

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