Ethereum’s EigenLayer Gears Up for Mainnet Phase Two in 2024

EigenLayer, a player in the Ethereum re-staking arena, is gearing up to launch its mainnet’s second phase in the first half of 2024. This pivotal update stands to reshape the landscape by allowing users to delegate their staked Ethereum (ETH) to operators of EigenDA. Consequently, this move will facilitate rollups, a form of secondary scaling

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Canadian asset manager 3iQ will begin staking the ETH in its Ethereum ETFs

3iQ, Canada’s first Bitcoin (BTC) fund issuer, revealed that its Ethereum-based (ETH) exchange-traded funds (ETF), The Ether Fund and the 3iQ Ether Fund, will begin staking their ETH holdings for rewards, according to an Oct. 19 statement. 3iQ explained that its move towards staking was designed to provide its investors with “additional yield generated by […]

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Ethereum Staking Rewards Plunge To New Lows: Is It Still Worth It To Stake Your ETH?

One of the greatest pulls toward Ethereum staking over the years has been the mouthwatering APY. Stakers were being rewarded handsomely for committing their ETH tokens to help secure the network, prompting a rapid rise in the percentage of ETH supply staked. However, there has been a sharp decline in the APY which has raised […]