RedStone Co-Founder: Precise Quantification of Staking Rewards Helps Evaluate Ethereum Development
According to Golden Finance, RedStone co-founder and COO Marcin Kaźmierczak believes that with the rise of liquid staking derivatives, there's a need for a more precise quantification of staking yields and their trends across platforms. Kazmierczak highlights that employing a standardized on-chain Ethereum Consolidated Staking Rate (CESR) oracle data source as a benchmark is crucial for systematically analyzing staking trends. He further notes that accurately quantifying these trends is essential not only for assessing their impact on network security and token economics but also for providing Ethereum holders with a strategic basis for generating additional income.