ChainCatcher News: Standardized Metrics Crucial for Analyzing Ethereum Staking Trends

According to Coindesk Japan, RedStone co-founder and COO Marcin Kaźmierczak believes that the rise of liquid staking derivatives demands a more accurate way to quantify staking rewards across different platforms and their changing trends.

Kaźmierczak highlights the crucial role of a standardized on-chain Ethereum Consolidated Staking Rate (CESR) oracle data source as a benchmark for systematically analyzing staking trends. He further points out that precisely quantifying these trends helps assess their impact on network security and token economics, providing strategies for Ethereum holders to generate additional income.

With innovative models like Staking-as-a-Service, Pooled Staking, and Liquid Staking pushing the rapid adoption of staking, data reveals that the Ethereum network security budget reached $110 billion by July 2024, representing 28% of its total supply. The widespread integration of staking functionalities in exchanges and financial applications has attracted holders to participate in network security maintenance. Ethereum co-founder Vitalik Buterin has also partially staked his holdings.