More than 10% of ETH Supply Goes to Ethereum 2.0 Deposit Contract – Over $35 Billion Stake Value at Current Prices
from the information of Etherscan There is a total of 12,334,098 ETH deposited in the ETH 2.0 Deposit Contract at the time of writing. By comparison, the total supply of ETH is around 120,642,170 ETH.
The smart contract involves staking ETH on the Beacon chain, which is the “heart” of the future of the Ethereum network.
The amount of ETH currently staked makes the networksecond largestIn terms of stake now, it’s next to Solana and it looks like it’s growing rapidly, just surpassing 10 million ETH in March.
Meanwhile, the return on stake compared to other networks remained low at 4.3% compared to Solana’s 5.41% and Terra’s 5.96%.
Ethereum 2.0 is scheduled to launch in July of this year. But since then, developers have been able toconfirmthat users may have to wait longer The upgrade has been delayed several times over the years. But developers are keen to make it happen to reduce Ethereum’s emissions.
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