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Earlier than we all know it, liquid staking tokens (LSTs) are going to exchange Ethereum’s native cryptocurrency, Ether (ETH). The LST market is already value roughly $17 billion, and it has grown repeatedly since Ethereum’s Merge.
Whereas LSTs are simply starting to hit their stride, their benefits over conventional ETH will quickly turn out to be clear to liquidity suppliers (LPs), toppling ETH from its throne and ushering in a brand new period of LST domination.
Bob Baxley is a core builder for the Maverick Protocol. He labored beforehand for Apple (NASDAQ:) as a senior supervisor of design and product administration and as a director of design for Yahoo. He holds an undergraduate diploma from the College of Texas at Austin and a grasp’s diploma from Stanford College.
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