ARK Invest Says stETH Is Becoming a Key Reference for Crypto, Like the Fed Funds Rate
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On October 15, Lorenzo Valente, a research associate at investment firm ARK Invest, published a research paper to explain why “Ether Stands Out Among Digital Assets.” ARK Invest’s research highlights staked Ether (stETH) as an essential asset in Ethereum’s Proof-of-Stake (PoS) system. It describes Ether (ETH) as the only real yield-bearing digital asset when staked,
Source: CryptoGlobe
