ETH 2.0 contract exceeds 7.4 million ethers, nearly $ 30 billion banned, liquid staking pools grow – technology Bitcoin News

The Ethereum 2.0 contract now includes more than 7.4 million ethers valued at over $ 29.3 billion at today’s ether exchange rates. According to statistics, the smart contract address is the largest owner of Ethereum of all existing wallets.

Ethereum 2.0 contract nears $ 30 billion

In the early days, the Ethereum (ETH) protocol was a 100 percent proof-of-work (PoW) blockchain, but in more recent times Ethereum is now a mix of proof-of-stake (PoS) and PoW. Over time, the digital currency and smart contract network will be 100% PoS and this will be the main consensus algorithm that keeps Ethereum going.

On November 6, 2020, Bitcoin.com News reported on Ethereum co-creator Vitalik Buterin adding $ 1.4 million worth of Ether to the Phase 0 smart contract. Since then, the ETH 2.0 contract has swelled significantly. In July 2021, Bitcoin.com News reported on the Ethereum 2.0 contract, which exceeded six million ethers. At the time of July 2, the six million ether was worth $ 12.4 billion at that day’s exchange rates.

ETH 2.0 contract exceeds 7.4 million ethers, nearly $ 30 billion in lockdown, liquid staking pools growThe Ethereum 2.0 deposit address according to Etherscan data on September 6th, 2021.

Today, the Eth2 deposit contract holds 7,489,474 ethers worth $ 29,366,901,606, according to Etherscan statistics. The smart contract address is the largest wallet among Ethereum’s extensive list of wallets. However, Wrapped Ether’s smart contract address is pretty close at 6.9 million ethers.

Since Buterin deposited the massive amount of ether that he deposited in the ETH 2.0 contract address, 32 ETH have been continuously deposited to this day. To be a validator, 32 ethers are required to join the ETH 2.0 staking community.

Behind the ETH 2.0 contract and the Wrapped Ether Wallet are wallets from Binance, Kraken, Gemini, Huobi, FTX Exchange and some unknown ether billionaires. The smart contract ETH 2.0 has recorded 150,980 transactions so far and the 7.4 million ethers correspond to 6.37% of the total circulating ether supply.

1.3 million ethers are locked in liquid staking pools

Much of the ETH 2.0 money tied to the contract is put into prominent staking pools like Lido, Stkr, SharedStake, Stafi, Stakewise, Cream and Stakehound. These pool services have approximately 1,361,463 blocked ethers and Lido has the lion’s share of ethers.

ETH 2.0 contract exceeds 7.4 million ethers, nearly $ 30 billion in lockdown, liquid staking pools growLiquid staking pool statistics according to Dune Analytics as of September 6, 2021.

According to statistics from Dune Analytics, the Lido Liquid Staking Pool has around 1,167,007 Ether Staking today. $ 5.35 billion of the total of $ 29.3 billion banned is in large pools and that’s about 18.09% of the 7.4 million ethers today.

In addition to the 7.4 million banned ethers, 216,229 ethers have been burned to date since the implementation of EIP-1559. Using today’s exchange rates, that translates to $ 729 million of the second largest crypto asset by market capitalization.

What do you think of the 7.4 million Ethers, worth more than 29 billion US dollars, bound by the Ethereum 2.0 Treaty? Let us know what you think on this matter in the comments below.

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2.0 contract, 32 Ether, Burned ETH, Burned Ether, contract address, cryptocurrency, DeFi, Digital Assets, EIP-1559, ETH, ETH 2.0, Eth2 contract, Eth2 deposit address, Eth2 deposits, Ether, Ether statistics, Ethereum, Ethereum 2.0, Ethereum Staking, Fees, Onchain Research, Onchain Revenue, Phase 0, PoS, Proof of Stake (PoS), Proof-of-Stake, Revenue, Smart Contract, Staking, Vitalik Buterin

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