
The Impact of Ethereum’s Shapella Upgrade on Staking and DeFi
The Ethereum Shanghai upgrade, also called Shapella, was finally implemented on April 12 after months of delays. Part of Ethereum’s major shift to adopt the Proof of Stake (PoS) consensus algorithm, the upgrade enables validators to withdraw their staked ETH from the Beacon Chain. As expected, Shapella has led to a surge in staking activity,…
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