Home > NEWS > What exactly is CoinFund's new Composite Ethereum Staking Rate

What exactly is CoinFund's new Composite Ethereum Staking Rate

CoinFund's new Composite Ethereum Staking Rate ('CESR') could unlock new complex financial products for the crypto space. Listen now.

Episode 43 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro, and CoinFund President Chris Perkins.

Listen below, and subscribe to The Scoop on AppleSpotifyGoogle PodcastsStitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]


Ethereum's transition to proof of stake brought significant changes to the network, including a more predictable yield for investors. Unlike proof of work, which relies on miners to validate transactions and secure the network, proof of stake involves validators holding a stake in the network and earning yield in ether for their support.

CoinFund, a crypto investment firm, is attempting to standardize the yield model to create a new benchmark yield rate for Web3.

In this episode, CoinFund President Chris Perkins explains how CoinFund's new Composite Ethereum Staking Rate ('CESR') aims to provide investors with a clear and comparable metric that can serve as the foundation for new financial products for the crypto space such as basis swaps and the development of a forward curve tied to Ethereum's interest rate.


This episode is brought to you by our sponsor CleanSpark.

About CleanSpark

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

source:theblock

by Davis Quinton and Frank Chaparro
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Why can Bitcoin make money? Is Bitcoin's fixed investment profitable?

For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves

VIDEO

NEWS

Tue, 18 Apr 2023

More