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Ethereum Staking Needs Its (Honest) LIBOR

May 17, 2023
in Crypto Updates
Reading Time: 1 min read
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To completely obtain the promise of this innovation, a standardized benchmark might be produced by capturing and publishing the day by day, annualized imply of on-chain rewards throughout all validators. It could be troublesome to govern due to the inherent transparency, replicability and immutability of the blockchain –  in distinction, say, to the infamously manipulated LIBOR benchmark that powered conventional finance (TradFi) credit score markets for years.

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Tags: EthereumHonestLIBORStaking
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