Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.
Staking news
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Ethereum’s next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.
RedStone is the first large oracle to launch on the Ethereum restaking protocol.
Cosmos’ co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether.
Some top LSTs have previously seen price deviations of up to 77% from Ether’s price due to mass sell-offs paired with liquidations on leveraged lending protocols.
Users should not click on any airdrop links shared in EigenLayer’s recent post, warns onchain detective ZachXBT.