“Recently, the liquid staking protocol also had to increase rebasing oracle limits from 10% to 17.5% to let the increased rewards flow to stETH token holders,” analysts at Delphi Digital said in a Friday note. Rebasing, or elastic, tokens are cryptocurrencies that automatically adjust supply levels to maintain a constant value.
Related posts
-
Investment Giant VanEck Files for Solana Exchange-Traded Fund, Triggering Modest Price Jump for SOL
Investment giant VanEck is seeking approval for a spot Solana (SOL) exchange-traded fund (ETF), according to... -
SEC Sues ConsenSys Over MetaMask Staking, Broker Allegations
The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday,... -
Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump
Powell said he is supporting the only major pro-crypto party candidate. Source Spread the love