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The Merge improve, which successfully introduced the Proof-of-Stake (PoS) mechanism to Ethereum, was activated nearly a 12 months in the past. The following Ethereum Shapella improve, which allowed staked ETH withdrawals, is about six months previous. With these two monumental adjustments, we noticed the rise of the Ethereum staking business, which already counts greater than $40 billion price of staked property and has generated over $1.6 billion in whole staking rewards, a proxy for whole income.
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