Ethereum PoS Transition Shows Significant Impact on Network Economics and Security
Ethereum PoS Transition Shows Significant Impact on Network Economics and Security
🔥 ETH Burns While You Earn
Ethereum's shift to Proof-of-Stake continues to demonstrate measurable benefits. Since The Merge in September 2022:
- Supply reduced by 417,413 ETH
- 1,509,991 ETH burned in 540 days
- Enhanced network security through staking mechanism
- Improved MEV (Maximal Extractable Value) handling
The transition marks a significant milestone in Ethereum's evolution toward greater efficiency and decentralization. Data from ultrasound.money confirms the deflationary effect on ETH supply, validating the network's economic model.
Ethereum’s transition to PoS is proving its worth. Reduced issuance, increased security, and better MEV handling—clear progress towards a more efficient and decentralized network.
Euler Finance Offers 24% APY on USDC Deposits with Merkl Bonus
Euler Finance is offering approximately **24% APY** for USDC suppliers on their platform. The yield breaks down as: - 4% base APY - 20% bonus APY powered by [Merkl](https://merkl.xyz) To participate: 1. Visit [Euler Finance vault](https://app.euler.finance/vault/0x7fAb04FF2717d9A6B71A51c56c29697179597D40?network=ethereum) 2. Connect your wallet 3. Supply USDC 4. Receive incentives automatically This represents a significant increase from the previously advertised 9.87% APY on USDC deposits through Euler Yield.
🏦 FlowTraders Brings Institutional Credit Onchain
**YieldNest** partnered with **FlowTraders** and **CapitalMoney** to bring institutional credit markets onchain through **Eigencloud**. - FlowTraders becomes first operator-restaker deployment on Eigencloud - YieldNest's MAX LRTs isolate operator risk into separate liquid tokens - New **ynRWAx campaign** with Brevis allows holders to earn more ynRWAx - **ynBNBx holders** now get exposure to $AT token This marks a significant step for onchain credit markets, with YieldNest's upgraded design adding cross-chain DeFi strategies on top of their risk-isolated liquid restaking tokens.
🏗️ YieldNest's Modular Vault
**YieldNest's $ynBNBx** operates on a modular MAX Vault architecture that allows flexible strategy management. **Key Features:** - Strategies can be added or removed modularly - Governance controls integration approvals - Design adapts as yield opportunities evolve **How it Works:** - Spreads BNB across multiple staking derivatives - Captures restaking rewards and DeFi incentives - Automatically rebalances for optimal returns - Users hold one token while vault handles complexity The vault compounds yield over time through token value increases. This approach eliminates constant management while optimizing restaking returns. [Start earning yields with ynBNBx](https://app.yieldnest.finance/token/ynBNBx)
🚀 BNB Hits ATH While ynBNBx TVL Reaches $42M Record
**Major milestones achieved across YieldNest ecosystem:** - **BNB price** reached new all-time high - **ynBNBx TVL** hit record $42M - **Spectra ynBNBx YT** trading at 7.28% with underlying APY of 35.33% **Key Updates:** - Epoch 11 voting closes October 15 at 11:59 PM UTC - Curve ynRWAx/USDC gauge proposal approved - ynRWAx integration coming soon The strong performance reflects growing adoption of YieldNest's liquid restaking solutions, with ynBNBx leading the charge as market conditions favor BNB assets.
Epoch 6 Gauge Voting Now Live for YieldNest DAO
**Epoch 6 Gauge Voting** is now active, determining $YND incentives distribution. Voting options: - Use veYND via [YieldNest DAO](https://dao.yieldnest.finance/gauges) - Use sdYND-gauge via [StakeDAO](https://stakedao.org/governance) Key voting details: - Split votes across multiple gauges or allocate 100% - Voting directly influences YND emissions - Deadline: **Aug 6th 23:00 UTC** Rewards will be distributed based on final voting weights. Support available via Discord for voting assistance. *Your participation shapes yield distribution.*