Staking Insider #13

GM fellow staker,

This week we’re serving up staking alpha on platter. Let’s feast…

🧵 In this Week’s Edition:

• 📺 Watch the LSTfi Summit

• 📈 Metric of the Week: Network Control

• 📰 Weekly Briefing

• 🚢 The Ship Keeps Sailing

Read time: 2 minutes

📺 Watch the LSTfi Summit

This week we brought together some of the biggest LSTfi Protocols on Ethereum to discuss managing risk, boosting yields and what’s next for this new category of DeFi.

For those that didn’t tune in live, you can now listen back to all three panels at your own leisure. Jump straight into each panel via the links below.

Panel 1: LST-Backed Stablecoins (Lybra, Raft, Ethena, Rocket Pool)

Panel 2: Revolutionizing Yield Opportunities (Pendle, Prisma, Asymetrix, Stakewise)

Panel 3: Diversifying Exposure to LSTs (Staking Rewards, Yearn, IndexCoop, Origin)

📈 Metric of the Week: Network Control

Network control has been a hot topic of late, with the Ethereum community coming to blows, and several staking providers expressing their commitment to self-limit their pool size to <22%.

The rationale behind a 22% self-limit is based on the requirement that 66% of validators need to agree on the state of Ethereum for finality to be achieved.

Lido, who are at the center of the debate, currently hold a 31.9% share of the Ethereum network.

Heated exchanges aside… the Network Control can be an important metric to consider when thinking about where to stake your bag. If decentralization is important to you, then the Network Control of a provider may be a deciding factor when looking to stake.

You can easily view the Network Control of providers across all PoS networks via our Staking Asset Dashboards. Simply choose a PoS network such as Cosmos, NEAR, Polygon or Tezos, then scroll down to the provider section and sort by “Network Control”.

Below you can see the top 5 staking providers by Network Control on Tezos, as an example.

Pro-tip: Streamline your own due diligence when choosing where to stake by checking out our Verified Staking Providers.

📰 Weekly Briefing

Here’s this week’s top news from the world of staking and crypto…

• unshETH Unveil reshETH & SENT: The Next Leap in Validator Decentralization

• Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

• Stroom Raises $3.5M to Bring Liquid Staking to Bitcoin Lightning Network

• Lido Contributor Requests $1.5 million Funding to Grow Solana Liquid Staking

• Ethereum Introduces EELS: A New Execution Layer Specification

🚢 The Ship Keeps Sailing

Sometimes it’s important to celebrate the mini wins, as after all, success is a series of small victories.

Today, the Staking Data API average response time was brought down from 540ms to below 80ms 🥳

If you fancy getting your hands dirty with staking data, then sign up for a free Staking Data API key. With it you can:

• Uncover insights into the staking flow of different protocols, previously hidden or hard to deduce

• Gauge the demand for specific providers, enabling smarter decision-making

• Model the impact of staking dynamics on price movements

👀 Last But Certainly Not Least

✍️ Sign Up to be Part of the Staking Rewards Alpha User Cohort

🎟 Get tickets for this year’s Staking Summit

🎬 That’s a Wrap for this week!

Thank you for taking the time to read the Staking Insider newsletter. Let us know what you thought of this week’s edition…

Disclaimer: None of this is financial advice. The Staking Insider newsletter is strictly for educational purposes and is not investment advice. Please be careful and always do your own research.