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Which major staking platform will adopt the CESR benchmark next after Luganodes?
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Official announcements from staking platforms and CoinDesk Indices
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Luganodes Introduces Fixed-Rate ETH Staking Yields Using CESR Benchmark and RedStone Oracles
Sep 10, 2024, 02:01 PM
Luganodes has announced the introduction of fixed-rate staking yields for Ethereum (ETH) delegators using the Composite Ether Staking Rate (CESR) benchmark, developed by CoinDesk Indices and CoinFund. The CESR benchmark aims to revolutionize the staking landscape by providing a scalable and standardized method for calculating ETH staking yields. The CESR data has been integrated with RedStone oracles, enabling on-chain benchmarking for ETH staking yields. This integration is expected to pave the way for next-generation ETH rates and total return products.
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