Tag: liquid

Ethereum is about to get crushed by liquid staking tokens

coiner

Before we know it, liquid staking tokens (LSTs) are going to replace Ethereum’s native cryptocurrency, Ether (ETH). The LST market is already worth approximately $17 billion, and it has grown continuously since Ethereum’s Merge. While LSTs are just beginning to hit their stride, their advantages over traditional ETH will soon become clear to liquidity providers (LPs), toppling ETH from its throne and ushering in a new era of LST domination. Since the Merge, ETH can now be staked to produce a roughly 4% annual yield, depending on factors of network…

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Liquid Bitcoin Versus Wrapped Bitcoin: A Comparative Analysis

coiner

Given the increasing transaction fees caused by Ordinals activity in the Bitcoin timechain, many Bitcoiners have sought alternative solutions to keep their transaction fees low during these periods. While Bitcoin Layer 2 options like the Lightning Network offer low transaction fees, it may not be practical for Bitcoin hodlers to migrate their entire holdings to Lightning, as many Lightning wallets are custodial, meaning users must rely on a trusted third party to hold their funds. While this custodial approach may be suitable for small amounts that users are likely to…

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