Eth2 becomes the fourth-largest staking network, and it keeps growing
Cointelegraph
Published Dec 18, 2020 03:09AM ET
Updated Dec 19, 2020 05:00AM ET
Ethereum 2.0 has already emerged as the fourth-largest proof-of-stake network by total value locked in staking within roughly six weeks of the Eth2 deposit contract going live.
Despite withdrawal functionality not yet enabled and no precise estimation for its full launch date, nearly $1 billion worth of Ether (ETH) has already been designated for staking. According to crypto data aggregator Staking Rewards, more than 1.5 million Ether or 1.35% of Ethereum’s supply has been deposited for staking.
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Written By: Cointelegraph
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