TechFlow news — On September 18, according to Coindesk Japan, Marcin Kaźmierczak, co-founder and COO of RedStone, stated that with the rise of liquid staking derivatives, there is a growing need to more accurately quantify staking yields across platforms and their evolving trends. Kazmierczak emphasized that adopting a standardized on-chain Ethereum Composite Staking Rate (CESR) oracle data source as a benchmark metric is crucial for systematically analyzing staking trends. He further noted that precise quantification of staking trends not only helps assess their impact on network security and token economics but also provides Ethereum holders with strategic insights to generate additional yield.
With innovative models such as Staking-as-a-Service, Pooled Staking, and liquid restaking driving rapid adoption of staking, data shows that by July 2024, Ethereum's security budget had reached $110 billion, representing 28% of its total supply. Staking functionality has become widely integrated into exchanges and financial applications, incentivizing holders to participate in securing the network. Even Ethereum co-founder Vitalik Buterin has partially staked his holdings.
