Staking Ether: A Risky Trade
Along with bitcoin price, prices for Ethereum’s ether also jumped last week. Depending on your data source, the world’s second biggest cryptocurrency’s price posted weekly gains of anywhere between 13% (at Messari) to 20% (at Coinmarketcap and Coingecko). Underlying that price increase was a corresponding surge in market valuations for tokens at liquid staking derivatives (LSD) platforms. Such venues multiply trading volumes and supply by … Continue reading Staking Ether: A Risky Trade