DeFi
DeFi Staking Tokens Rise Following SEC Crackdown on Centralized Staking
If the SEC shuts centralized stakers, this market share would be up for grabs by decentralized platforms like Lido, Rocketpool, and Frax.
BTC$62,163.00+2.25%
ETH$1,629.97+4.30%
USDT$0.9996+0.01%
USDC$0.9997-0.01%
XRP$1.14+3.62%
SOL$65.14+5.09%
TRX$0.3274+1.69%
FIGR_HELOC$1.03+0.29%
DOGE$0.0848+4.39%
HYPE$58.51+0.68%
USDS$0.9998+0.01%
LEO$9.53-0.23%
RAIN$0.0133+3.12%
ZEC$418.58+17.35%
XLM$0.2066-2.27%
BTC$62,163.00+2.25%
ETH$1,629.97+4.30%
USDT$0.9996+0.01%
USDC$0.9997-0.01%
XRP$1.14+3.62%
SOL$65.14+5.09%
TRX$0.3274+1.69%
FIGR_HELOC$1.03+0.29%
DOGE$0.0848+4.39%
HYPE$58.51+0.68%
USDS$0.9998+0.01%
LEO$9.53-0.23%
RAIN$0.0133+3.12%
ZEC$418.58+17.35%
XLM$0.2066-2.27%
After Ethereum’s Shapella upgrade enabled ETH staking withdrawals on April 12th, liquid staking became less necessary.
If the SEC shuts centralized stakers, this market share would be up for grabs by decentralized platforms like Lido, Rocketpool, and Frax.
While Lido Finance is still the leader in liquid staking, rival projects are slowly eating its market share.
The new proposal includes a one-year vesting period for Dragonfly as well as two possible price models.