‘Is ETH a Security?’ Why Gary Gensler Couldn’t Give Congress a Straight Answer - Ep. 483
Unchained
Staking Strengthens with Strategic Upgrades
Following Ethereum's Shanghai Upgrade, there has been a notable increase in interest in staking, marked by a consistent rise in Ether deposits surpassing withdrawals. This shift is largely due to the upgrade facilitating the withdrawal of locked coins, reducing the perceived risk associated with staking. Additionally, decentralized staking service Rocket Pool has enhanced accessibility for potential validators by introducing eight ETH bonded mini pools, encouraging greater participation in the network. Meanwhile, the Arbitrum community decisively rejected a governance proposal aimed at reclaiming 700 million ARB tokens, viewing it as a potential overreach that could threaten the foundation’s sustainability.
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