Staking Revolution: stETH Gains Momentum as Ethereum’s Reserve Currency
Since the introduction of Proof-of-Stake (PoS)
[https://etherworld.co/2022/04/30/proof-of-stake/] on the Ethereum blockchain, the
landscape has witnessed the emergence of liquid staking projects. These
platforms enable users to stake their Ethereum (ETH) while receiving liquid
staking derivatives tokens in return.
These derivatives, such as stETH [https: