Start here · the strongest pieces on $ETHX
Breakdown26 Jun 2023Stader ETHx explained: multi-pool liquid staking with a 4 ETH node bondExplains the liquid staking market and its concentration problems, then how Stader's ETHx addresses them with permissionless, permissioned and DVT pools and a 4 ETH bond for home stakers.Thesis18 Dec 2023EigenLayer restaking and Kelp DAO rsETH: liquid restaking early queue thesisExplains restaking and its use cases (DA, sequencers, bridges, oracles), then argues Kelp DAO's rsETH can become the Lido of restaking as first mover with two audits. Details the Early Queue: 5,000 token cap each for stETH and ETHx and 1.25x Kelp Miles.Breakdown13 Mar 2024Stader's SD Utility Pool: lowering the barrier to run ETHx validatorsExplains that Stader's SD Utility Pool lets ETHx node operators borrow SD for a fee instead of buying it, with a 4 ETH bond giving 8x leverage on node capital. Argues delegation plus rising operator demand shrinks circulating SD.
Timeline · every piece, newest first
2024 1
2023 2
Often covered with