Can liquid staking tokens depeg due to market volatility?

Some top LSTs have previously seen price deviations of up to 77% from Ethers price due to mass sell-offs paired with liquidations on leveraged lending protocols.

View Details

These Cryptocurrencies Are Well-Positioned To See Gains Ahead Of Ethereum’s Upgrade

The Ethereum Shapella upgrade has been scheduled to happen in April which would be a significant upgrade for the network. As a result, the price of Ethereum, as well as other tokens on the blockchain, has been seeing a good upside. However, there are some cryptocurrencies that are uniquely positioned to benefit from this upgrade. [...]

The post These Cryptocurrencies Are Well-Positioned To See Gains Ahead Of Ethereum’s Upgrade appeared first on Crypto Breaking News.

View Details

Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows

Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s network activity. The percentage of gas consumed by DeFi protocols has dropped [...]

The post Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows appeared first on Crypto Breaking News.

View Details