Staking Inside the Wrapper: How ETH and SOL ETPs Work
The mechanics behind US staking ETPs, validator delegation, yield compression, redemption liquidity against exit queues, and where slashing risk actually sits.
The mechanics behind US staking ETPs, validator delegation, yield compression, redemption liquidity against exit queues, and where slashing risk actually sits.
How Jito's BAM, Firedancer's arrival, and the SIMD-0550 emission fight are reshaping who captures value on Solana, and who bears the risk.
Figure, Maple, and Tradable now anchor the largest RWA category. The gap between distributed and represented value shows what "onchain credit" actually means.
Titan holds half of Ethereum's block production. BuilderNet's TEEs and ePBS promise reform. Neither dismantles the moats that create concentration.
Public Bitcoin miners are converting into AI datacenters. We examine what over $70B in HPC contracts means for hashrate, fees, and BTCFi security.
The mechanics behind US staking ETPs, validator delegation, yield compression, redemption liquidity against exit queues, and where slashing risk actually sits.
How Jito's BAM, Firedancer's arrival, and the SIMD-0550 emission fight are reshaping who captures value on Solana, and who bears the risk.
Figure, Maple, and Tradable now anchor the largest RWA category. The gap between distributed and represented value shows what "onchain credit" actually means.
Titan holds half of Ethereum's block production. BuilderNet's TEEs and ePBS promise reform. Neither dismantles the moats that create concentration.
Public Bitcoin miners are converting into AI datacenters. We examine what over $70B in HPC contracts means for hashrate, fees, and BTCFi security.
The gap between $28T of stablecoin volume and the sliver that is actual payments, and what Tempo, CPN, and Plasma each try to solve.