After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake blockchain. Besides Ethereum's native token Ether , the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge.the last of its three public testnets dubbed"Goerli," on Aug. 11. Therefore, there should be no delays in Ethereum's"Merge," expected to go live on Sep. 19.
Ether price jumped 5% to approximately $1,950, its highest level in over two months, after the Goerli update. Meanwhile, certain crypto assets that could benefit from a successful Merge are undergoing upside moves, and have even been outperforming ETH in the past month.Will these tokens continue to outperform ETH price into September? Let's take a closer look.The Merge will replace Ethereum's army of miners with validators, who will be required to front 32 ETH as an economic stake.
This major staking requirement has opened up opportunities for middlemen, i.e., platforms that collect Ether from underfunded stakers and put the proceeds together to become validator on the Ethereum blockchain. Lido DAO is one among them.Lido DAO is the leading staking service in terms of value locked inside Merge's official smart contract. Notably, it has poured 4.15 million ETH into the so-called ETH 2.0 contract, leading Coinbase, which has staked approx. 1.
I think there will be always people who will be able to earn a lot of usdt
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »