Loading...
Loading...
Browse all stories on DeepNewz
VisitNonco and Bastion Trading Complete Ethereum Staking Rate Swap Using CESR, Tapping $500 Trillion Market
Jun 1, 2024, 03:00 PM
Nonco and Bastion Trading have successfully completed a fixed-floating swap on the Ethereum staking rate using CESR, the composite ether staking rate. This transaction, structured and priced by Bastion Trading, aims to help participants manage risk and transaction costs associated with Ethereum staking yields. The completion of this swap highlights the growing utility of CESR, which was launched in partnership with CoinDesk Indices and continues to attract industry leaders and service providers. CESR is bringing the utility of the $500 trillion interest rate derivative market to crypto.
View original story
Markets
Yes • 50%
No • 50%
Official announcements from major DeFi platforms or CESR
No • 50%
Yes • 50%
Press releases or official announcements from CoinDesk and partnering entities
Below $1 billion • 50%
Above $1 billion • 50%
Reports from Bastion Trading or CoinDesk Indices
10% to 20% • 25%
Less than 5% • 25%
5% to 10% • 25%
More than 20% • 25%
Market analysis reports from reputable financial analysts or institutions
5-10 products • 25%
10-20 products • 25%
More than 20 products • 25%
0-5 products • 25%
Official product announcements from financial institutions or CoinDesk
High (> 10%) • 33%
Medium (5% - 10%) • 33%
Low (< 5%) • 33%
Data from Ethereum staking rate sources or financial analysis reports