Cryptocurrency Q&A
How much ETH is staked in the protocol estimated?
How much ETH is staked in the protocol estimated?
Raffaele
Thu Jun 13 2024
|
6 answers
1597
Could you please elaborate on the matter of ETH staking in the protocol? I'm curious to know, based on your expertise in the field of cryptocurrency and finance, what is the estimated amount of ETH that is currently being staked? I understand staking plays a crucial role in the security and functionality of various blockchain protocols, and I'm keen to gain a deeper understanding of its significance and prevalence in the current market. Could you please provide an insight into this matter?
6 answers
Nicolo
Sat Jun 15 2024
Ethereum's reward rate was recorded as 2.64% twenty-four hours ago, indicating a stable yet competitive return for staking activities.
Was this helpful?
243
32
Nicola
Sat Jun 15 2024
Thirty days prior, the reward rate stood at 2.45%, revealing a gradual upward trend in staking profitability.
Was this helpful?
291
20
HallyuHeroLegendaryStarShine
Sat Jun 15 2024
Currently, the staking ratio, reflecting the percentage of eligible tokens actively being staked, stands at 26.85%.
Was this helpful?
370
61
IncheonBeautyBloom
Sat Jun 15 2024
This signifies a substantial participation in Ethereum's staking ecosystem, with 32.3 million tokens currently locked for staking purposes.
Was this helpful?
320
90
BonsaiLife
Fri Jun 14 2024
Such a high staking volume translates into a staking market capitalization of €112.0 billion for Ethereum, attesting to its strong position in the cryptocurrency market.
Was this helpful?
282
60
Load 5 more related questions
