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via Decrypt · By Decrypt Editorial

SharpLink Will Stake $200M of Ethereum Through Lido's wstETH

ETH

ETH/USDT

$1,881.59
-0.15%
24h Volume

$1,787,337,495.79

24h H/L

$1,886.58 / $1,876.01

Change: $10.57 (0.56%)

Long/Short
66.5%
Long: 66.5%Short: 33.5%
Funding Rate

+0.0041%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,882.95

0.02%

Volume (24h): -

Resistance Levels
Resistance 3$1,943.38
Resistance 2$1,910.65
Resistance 1$1,886.84
Price$1,882.95
Support 1$1,878.64
Support 2$1,838.57
Support 3$1,792.11
Pivot (PP):$1,881.75
Trend:Sideways
RSI (14):51.1
DE
Decrypt Editorial
(07:01 PM UTC)
1 min read
SC
Updated bySarah Chen

In brief

  • SharpLink will stake $200 million of Ether through Lido's liquid-staking protocol.
  • The move is about 106,000 ETH, roughly 12% of the ~889,000 ETH SharpLink held as of early August.
  • wstETH sits across more than 100 protocols with about $10 billion in active-use collateral, so SharpLink keeps earning yield while staying liquid.

Miami-based digital asset treasury company SharpLink said…

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Source

Decrypt Editorial · Decrypt

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