According to ARK Invest, Ethereum staking has become a benchmark for the so-called “crypto economy,” with a role similar to that of the US federal funds rate in the traditional economy.
This is what emerges from a report published a few days ago on the official website of ARK Invest.
The report by ARK Invest on Ethereum staking
The report, published on Tuesday, is titled “Why Ether Stands Out Among Digital Assets,” and is specifically dedicated to Ethereum and its cryptocurrency Ether (ETH).
The long report analyzes the role of Ethereum and ETH within the current crypto sector, stating that if Bitcoin (BTC) is a digital store of value, and the only digital asset with a monetary policy based solely on rules, ETH, on the other hand, is emerging as an institutional-level asset with yield generation potential.
In September 2022, Ethereum abandoned Proof-of-Work to switch to the more streamlined Proof-of-Stake, which allows staking. Staking, in turn, generates a yield,
We współpracy z: https://en.cryptonomist.ch/2024/10/18/ark-invest-ethereum-staking-has-become-a-benchmark/
