The driving force, said Chen, will be the ability for users who have staked ETH—this is when participants pledge ether in exchange for a yield to help facilitate the blockchain—to withdraw what they have already put up. This, he said, could also help establish a benchmark blockchain-driven money market interest rate.
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RockX CEO: Ethereum Shanghai Upgrade Could Establish Benchmark Rates for Blockchain Money Markets
Zhuling Chen, CEO of blockchain firm RockX, predicts the recently launched Ethereum Shanghai hard fork is going to dramatically alter the ether landscape. So reports CoinDesk.
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