Discover and read the best of Twitter Threads about #shanghaiupgrade
Most recents (3)
1/ Exciting news for investors, as @PhotonsHedge will be leveraging liquid staking derivatives (LSDs) to enhance trading output. LSDs enable you to unlock liquidity for staked crypto, thereby maximizing investment returns.
š§µ A Thread
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š§µ A Thread
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2/ According to @eulerfinance LSDs are already playing a significant role in DeFi, making up over 20% of the entire Total value locked (TVL). The dominance of @LidoFinance alone currently the largest liquid staking protocol is over 17% of DeFiās TVL as of February 2023.
@eulerfinance @LidoFinance 3/ By utilizing LSDs, @PhotonsHedge taps into the potential of the fast-growing DeFi space. These derivatives offer a 1:1 ratio of staked tokens, allowing traders to multiply benefits from the locked token and generate additional yield opportunities.
Ethereum's Shanghai Upgrade is coming and will be a major event for the ecosystem!
So what is Ethereum's Shanghai Upgrade and what will be the impact on the $ETH PRICE?
LevelĀ : Beginner/IntermĆ©diaire š°
Reading timeĀ : 3 minutes š
THREAD š§µ
So what is Ethereum's Shanghai Upgrade and what will be the impact on the $ETH PRICE?
LevelĀ : Beginner/IntermĆ©diaire š°
Reading timeĀ : 3 minutes š
THREAD š§µ
1ā£ ā What is the Shangai Upgrade?
2ā£ ā Price impact
3ā£ - Conclusion
Shangai DateĀ : 12 April, 2023
2ā£ ā Price impact
3ā£ - Conclusion
Shangai DateĀ : 12 April, 2023
1ā£ What is the Shangai Upgrade?
The first step in Ethereumās switch from a Proof of Work consensus mechanism to Proof of Stake involved the launch of the Beacon Chain, a PoS chain that ran alongside PoW Ethereum from its launch in Dec 2020 until āThe Mergeā in Sept 2021.
The first step in Ethereumās switch from a Proof of Work consensus mechanism to Proof of Stake involved the launch of the Beacon Chain, a PoS chain that ran alongside PoW Ethereum from its launch in Dec 2020 until āThe Mergeā in Sept 2021.
The #Ethereum #Merge is coming around Sept 14th. It isn't easy to predict the exact date bc/ it is defined on terminal total difficulty but it will happen around this date.
š§µBut what is the merge and why is it so important? This thread should help to explain it.
#EthereumMerge
š§µBut what is the merge and why is it so important? This thread should help to explain it.
#EthereumMerge
What is the #Merge?
It is a long-awaited change from #ProofOfWork to #ProofOfStake or to be more precise the merging of the #PoW Execution Layer with the #PoS Execution Layer.
This will bring the #Ethereum Chain into a new era by removing miners and using validators instead.
It is a long-awaited change from #ProofOfWork to #ProofOfStake or to be more precise the merging of the #PoW Execution Layer with the #PoS Execution Layer.
This will bring the #Ethereum Chain into a new era by removing miners and using validators instead.
