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Christine Kim (Galaxy) on Ethereum’s Finality Issue

Galaxy Brains

CHAPTER

Ethereum's Steth Redeems Deeply

Lido, the largest staking provider activated steak, deep withdrawals on Monday. Lido allowed redemptions of their liquid staking token, steth, for ETH. Around 90% of what we saw were, of steth being redeemed was from a single entity Celsius. Developers have pretty much scoped out what's going to be going into Cancun.

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