Arrington Capital-backed RedStone launches Bitcoin staking oracles
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be used only to provide liquidity on DEXs, according to RedStone co-founder Marcin Kamierczak.
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Without Bitcoin staking oracles, BTC-based liquid staking tokens can be used only to provide liquidity on DEXs, according to RedStone co-founder Marcin Kamierczak.
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.
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.
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