High DeFi yields could threaten ETH 2.0 staking participation: ConsenSys

Cointelegraph

Published Oct 28, 2020 12:19AM ET

Updated Oct 28, 2020 02:00AM ET

The rise of DeFi and high yielding liquidity provision opportunities could act as a barrier to participation in staking when ETH 2.0 Phase 0 finally launches according to a new report.

The ConsenSys Q3 DeFi Report has taken a deep dive into emerging trends and warns that staking on Ethereum’s forthcoming Beacon Chain may be limited by better earning opportunities on decentralized finance protocols.

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