In the middle of a wider market crisis, staking vanilla ether (ETH) is providing crypto enthusiasts with eye-catching dividends. After the collapse of FTX, operations at centralized crypto lending companies such as Genesis and Circle were caught in the contagion risks. And withdrawals have been paused at Genesis, while yields on clients’ stablecoin deposits at Circle have dropped to 0%.
As Ethereum turns deflationary for the first time since its transition from proof-of-work to proof-of-stake, critics have started to highlight the Ethereum Foundation’s removal of Ether staking’s withdrawal schedule on social media.
Ether Staking
A crypto community member pointed out that previously Ethereum developers, leaders and influencers mentioned that ETH staking withdrawals will be enabled six months after the Merge, but then they moved the goalpost and it became 6-12 months and then 2024. But now, the ETH Foundation removes all the time frames from their websites.
Twitter Link
On the ot
We współpracy z: https://www.thecoinrepublic.com/2022/11/18/twitter-users-called-out-the-removal-of-eth-staking-timeframe/
