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Are Ethereum Staking Yields Too High?

Are Ethereum Staking Yields Too High?
© Copyright Image: CurrencyCrypt

Staking has grown in popularity in recent years due to the availability of staking-as-a-service, pooled staking, and the growth of liquid re-staking. As of July 2024, Ethereums security budget amounts to a staggering $110 billion worth of ETH, representing roughly 28% of the total ETH supply. There is also a general adoption of staking features within exchanges and financial applications allowing people to allocate their ETH to secure the Ethereum network. Many view staking as a low-risk return on investment, which makes it appealing to ETH holders. Vitalik Buterin, co-founder of Ethereum, holds a portion of his ETH staked, although he still keeps a part of it unstaked.

The post Are Ethereum Staking Yields Too High? first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/are-ethereum-staking-yields-too-high/

Text source: CurrencyCrypt

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