The Evolution of Liquid Staking Tokens

The upgrade is happening next week, but still much of the ETH is being states not directly on validator nodes. I do think that there's an element, frankly, of tax this, where if you've been earning staking rewards and those are now liquid, there's going to be a tax income hit. But yeah, it'll probably be a little bit wonky right around the upgrade. Over the short term, medium term, I think it'll kind of dissipate.

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