Tags: STETH

Justin Sun (CoinDeskTV)

stETH withdrawals still have to be processed.

Celsius is among the largest potential stETH withdrawers.

Over 49,000 new validators are waiting to enter the active validator set on Ethereum.

Stakers will soon be able to swap stETH for ETH for the first time since 2020.

Millions of ETH are set to enter the crypto market.

The largest Ethereum staking service provider’s DAO has issued a vote over what it should do with its $30 million worth of ether.

The V2 Upgrade includes proposals that explain the protocol‘s staked ETH withdrawals plan and introduces a new staking router that aims to help decentralize the network.

Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space.