Hloov mus rau Liquid Staking Derivatives xav tau tom qab ETH Shanghai hloov kho

Ethereum (ETH) Shanghai hloov kho yog vim tso tawm Lub Peb Hlis, ua kom tshem tawm ntawm beacon saw thiab tso cai rau ETH tam sim no koom nrog ETH 2.0 validators yuav tsum tsis muaj koom nrog.

Nrog ntau dua 70% ntawm ETH stakers tam sim no thaum poob Nrog lawv cov ETH tsis tuaj yeem nkag mus tau, kev hloov kho Shanghai yuav ua rau cov neeg koom nrog nkag mus rau lawv cov ETH thiab txiav txim siab seb puas yuav muag ntawm qhov poob lossis tuav ntev mus txog thaum rov qab tau nyiaj.

Ethereum: Mean and Median Block Interval - (Source: Glassnode.com)
Ethereum: Qhov nruab nrab thiab nruab nrab Block Interval - (Source: Glassnode.com)

Tom qab ETH sib koom ua ke

Rov qab rau lub Cuaj Hlis 2022, ETH kev sib koom ua ke tau tshwm sim hauv Bellatrix hloov kho. Hauv cov txheej txheem, thaiv kev lees paub tau raug coj los ntawm cov saw beacon ua tiav qhov kev hloov pauv ntawm Pov Thawj Ua Haujlwm (POW) mus rau Pov Thawj ntawm ceg txheem ntseeg (POS).

Lub beacon saw yog tsim los ntawm validators uas tau tso 32 ETH ua ntej yuav pib ua hauj lwm. Tam sim no, tus naj npawb ntawm cov beacon saw validators tau mus txog 500,000 - nrog rau kev tawg tsis ntev los no hauv cov tshiab validators - nrog tag nrho ntawm ntau dua 16 lab ETH koom nrog hauv ETH 2.0 daim ntawv cog lus tso nyiaj.

Ethereum: Proof-of-Stake Change in Active Validators - (Source: Glassnode.com)
Ethereum: Pov thawj-ntawm-Stake Hloov pauv hauv Active Validators - (Source: Glassnode.com)

Daim ntawv pov thawj ETH tshiab

Cov neeg siv khoom siv tau uas xav thim lawv cov khoom plig tau txais txiaj ntsig yuav tsum xyuas kom lawv cov ntaub ntawv pov thawj tshem tawm tau hloov kho rau tus qauv "0x01" tshiab. Tib yam yuav tsum tau ua ua ntej muaj rau cov neeg siv khoom siv uas xav kom tsis txhob muaj kev lees paub lossis tawm ntawm lawv qhov nyiaj tshuav tag nrho.

Tam sim no, kwv yees li 300,000 validators tseem tsis tau hloov kho lawv cov ntaub ntawv pov thawj los ntawm "0x00" thaum kwv yees li 200,000 tus neeg siv tau tau hloov kho tshiab ntawm cov saw beacon.

Ntawm 500,000 tag nrho cov validators, ntau tshaj 16 lab ETH lawv tau staked sawv cev rau kwv yees li 13% ntawm tag nrho cov khoom ETH - uas yuav hloov raws li lub sij hawm mus ntxiv raws li qhov tshwm sim ntawm:

  1. Slashing - nyob rau hauv cov xwm txheej ntawm tus cwj pwm phem.
  2. Cov nyiaj tau los ntawm kev tshaj tawm thiab cov nqi.
  3. Inactivity leak - yog hais tias validators yuav thaiv los yog attestations.
  4. Kev tso nyiaj tshiab thiab, thaum kawg, rho tawm.
Ethereum: Proof-of-Stake Total and Effective Balance - (Source: Glassnode.com)
Ethereum: Pov Thawj-ntawm-Stake Tag Nrho thiab Qhov Zoo Tshaj Plaws - (Source: Glassnode.com)

Liquid Staking Derivatives

Vim qhov xwm txheej ntawm staked ETH, nws yog ib qho khoom muaj nqis uas tsis muaj peev xwm ua lag luam ib zaug. Yog li ntawd, ntau tus neeg muab kev pabcuam tau tshwm sim uas tso cai rau ETH tau koom nrog rov qab rau cov khoom muaj nqis lag luam uas sawv cev rau ib feem ntawm ETH koom nrog - hu ua Liquid Staking Derivatives (LSD).

Txog rau tam sim no, Lido yog nyob deb ntawm qhov loj tshaj plaws LSD tus muab kev pabcuam, nrog rau kev lag luam tuav nyiaj ntawm ib ncig ntawm 5 lab ETH. Txawm li cas los xij, tam sim no cov chaw muab kev pabcuam xws li Lido, Coinbase thiab Binance tswj cov ntu loj ntawm ETH kev ua lag luam - nthuav tawm cov teeb meem nrog lub hauv paus.

Ethereum: ETH 2.0 Total Value Staked by Provider [ETH] - Source: CryptoSlate
Ethereum: ETH 2.0 Tag Nrho Tus Nqi Ua Haujlwm los ntawm Tus Muab Kev Pab [ETH] - Qhov Chaw: CryptoSlate.com

Raws li cov cuab yeej cuab tam npaj rau kev faib tawm, ETH kev tuav pov hwm los ntawm ETH tau hais los saum toj no cov chaw muab kev koom tes qiv rau cov lus piav qhia tias ETH tau dhau los ua qhov tseem ceeb - thiab thaum kawg tswj hwm los ntawm cov tuam txhab nrog cov tuav loj tshaj plaws.

Nrog rau kev sib koom ua ke ntawm kev hloov kho Shanghai yav tom ntej, ETH cov tub ua lag luam thiab cov neeg siv tau zoo ib yam yuav tau npaj kom tshem tawm ETH koom nrog hauv kev pom zoo ntawm cov haujlwm uas tso cai rau qhov sib koom thiab tus nqi ntawm lawv cov koom nrog ETH kom rov qab los ntawm LSDs.

Nyeem Peb Daim Ntawv Qhia Ua Lag Luam Kawg

Tau qhov twg los: https://cryptoslate.com/shift-towards-liquid-staking-derivatives-expected-after-eth-shanghai-upgrade/