Discover and read the best of Twitter Threads about #Shapella
Most recents (7)
@binance released a report on LSDfi which covers its landscape, profitability, and risks.
Since LSDfi is one of the most potential narratives that I think will lead the market, there's a quick recap for who found the research TL, DR 😜
🧵 👇🏻
Since LSDfi is one of the most potential narratives that I think will lead the market, there's a quick recap for who found the research TL, DR 😜
🧵 👇🏻
🚀 Rapid development of the $ETH staking market.
With Ethereum's successful transition to PoS and the ability to withdraw staked $ETH after the #Shapella upgrade, staked $ETH has grown rapidly.
Total staked $ETH now exceeds 22.8 million ETH!
With Ethereum's successful transition to PoS and the ability to withdraw staked $ETH after the #Shapella upgrade, staked $ETH has grown rapidly.
Total staked $ETH now exceeds 22.8 million ETH!
💧 Flourishing development of LSD.
Running independent nodes is challenging and costly, so liquidity staking protocols have reduced barriers while maintaining asset liquidity.
Data shows increased staked ETH in the overall LSD staking volume.
Running independent nodes is challenging and costly, so liquidity staking protocols have reduced barriers while maintaining asset liquidity.
Data shows increased staked ETH in the overall LSD staking volume.
Emotions drive narratives.
Narratives drive the market.
If Merge = LSD hype
then EIP-4844 = L2s hype
Thread 🧵👇
Narratives drive the market.
If Merge = LSD hype
then EIP-4844 = L2s hype
Thread 🧵👇
2#
Everything has to scale
You either scale or you die forgotten - those are the rules.
You cannot walk while everyone’s sprinting.
Ethereum’s way of scaling are L2s...and L2s development will get a huge boost from EIP-4844.
Everything has to scale
You either scale or you die forgotten - those are the rules.
You cannot walk while everyone’s sprinting.
Ethereum’s way of scaling are L2s...and L2s development will get a huge boost from EIP-4844.
3#
What’s the timeframe?
EIP-4844 - a.k.a. Proto-Danksharding - is scheduled for Q3/Q4 2023
What’s the fork codename?
#Cancun
What’s the direction?
Scaling Ethereum ecosystem.
What’s the timeframe?
EIP-4844 - a.k.a. Proto-Danksharding - is scheduled for Q3/Q4 2023
What’s the fork codename?
#Cancun
What’s the direction?
Scaling Ethereum ecosystem.
Withdrawals have been live on #Ethereum for almost 2 weeks, and now that the chaos of #Shapella has subsided, I thought it was time for a 🧵on the trends we’ve been seeing. 👇
Note: the time of the Shapella upgrade is annotated on all of these charts.
Note: the time of the Shapella upgrade is annotated on all of these charts.
1/ Shapella enabled validators to change their withdrawal credentials, this is required to receive withdrawals if they weren’t set when creating the validator. For the first 48hrs, ~4k credentials were processed an hour. Since then they have been few and far between.
2/ The proportion of validators with 0x01 (withdrawable) credentials has subsequently increased by just over 40% and is now sitting at ~86.5%.
Happy Friday! The Weekly Market Highlights is an initiative from the #Binance Research team to round up the week, summarizing key market events and views from the team.
Let's get the ball rolling 🧵👇
Let's get the ball rolling 🧵👇
1/ Macro
Inflation rate in the UK remained high at 10.1% in March, exceeding expectations of 9.8%. This was largely driven by energy prices, which increased 40.5% year-on-year.
Inflation rate in the UK remained high at 10.1% in March, exceeding expectations of 9.8%. This was largely driven by energy prices, which increased 40.5% year-on-year.
$RPL TVL is growing fast after #Shapella, sitting at $1.4bn now
this puts $RPL at a mcap/TVL ratio of 1.02
as a comparison, $LDO is at a mcap/TVL ratio of 0.18
there is still a lot of room for $RPL growth
data from @DefiLlama
this puts $RPL at a mcap/TVL ratio of 1.02
as a comparison, $LDO is at a mcap/TVL ratio of 0.18
there is still a lot of room for $RPL growth
data from @DefiLlama
for more information on liquid $ETH staking, check my below thread 👇
in the post linked below, @Flowslikeosmo also mentions a few more speculative but innovative low-cap plays 👀
Wanna do some drugs? 💊
Amongst all the noise and hype around the #Arb airdrop, one protocol has not only caught my eye, but my attention.
Truthfully, I feel underexposed to this project & I'm going to tell you why.
Let's drop a tab on @0xAcidDAO
A thread 🧵👇
1/28
Amongst all the noise and hype around the #Arb airdrop, one protocol has not only caught my eye, but my attention.
Truthfully, I feel underexposed to this project & I'm going to tell you why.
Let's drop a tab on @0xAcidDAO
A thread 🧵👇
1/28
@0xAcidDAO So first things first, the #ETH Shapella upgrade is set to go ahead on April 12th.
@LouisCooper_ covers the basics!🍄
But, TL;DR 🍬
A shit tonne of staked #ETH ($27bn) will be unlocked, meaning the fight to offer the highest APR's by LSDs is on.
buff.ly/3TsckJO
2/28
@LouisCooper_ covers the basics!🍄
But, TL;DR 🍬
A shit tonne of staked #ETH ($27bn) will be unlocked, meaning the fight to offer the highest APR's by LSDs is on.
buff.ly/3TsckJO
2/28
@0xAcidDAO @LouisCooper_ So, having read the above, you should understand that:
💊 You need 32E to be validator on the #ETH network
💊 Non-validators use LSD's protocols to stake
💊 LSD's compete to pay out the highest APR's
LSD means "Liquid Staking Derivatives".
Stay with me!
3/28
💊 You need 32E to be validator on the #ETH network
💊 Non-validators use LSD's protocols to stake
💊 LSD's compete to pay out the highest APR's
LSD means "Liquid Staking Derivatives".
Stay with me!
3/28
#Ethereum commencera la répétition générale finale de la mise à niveau de #Shapella aujourd'hui.
Mise à niveau de Shapella sur le testnet Goerli.
C'est la dernière étape avant le lancement du réseau principal.
Mise à niveau de Shapella sur le testnet Goerli.
C'est la dernière étape avant le lancement du réseau principal.
La principale caractéristique de la mise à niveau, la proposition d'amélioration Ethereum (EIP) 4895, vise à permettre les retraits de staking du validateur sur le réseau principal.
