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RedStone Co-Founder: Accurate Quantification of Pledge Returns Helps Evaluate Ether Development

Bitget2024/09/18 08:40

With the rise of liquidity pledge derivatives, there is a need to more accurately quantify pledge returns and their trends across platforms, said Marcin Kaźmierczak, co-founder and COO of RedStone, according to Coindesk Japan.Kazmierczak emphasized that the use of standardized Composite Ether on Chain Pledge Ratio (CESR) predictive machine data source as a baseline metric is key to systematically analyzing pledge trends. He further noted that accurately quantifying pledging trends not only helps assess their impact on cybersecurity and token economics, but also provides ethereum holders with a basis for strategies to generate additional revenue.

With innovative models such as Staking-as-a-Service, Pooled Staking, and Liquidity Repledging driving the rapid popularity of pledging, data suggests that as of July 2024, ethereum cybersecurity budgets have reached $110 billion, or 28% of its total supply. Pledge functionality is widely used in exchanges and financial applications, attracting holders to participate in cybersecurity maintenance. Ether co-founder Vitalik Buterin has also partially pledged his holdings.

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