CoinDesk Indices and CoinFund Announce CESR, the Benchmark Rate for Staking on Ethereum

CoinDesk Indices and CoinFund Announce CESR, the Benchmark Rate for Staking on Ethereum

CESR is a floating rate benchmark that serves as a fundamental building block of the Web3 economy
NEW YORK–(BUSINESS WIRE)–#CESR—CoinDesk Indices, the leading provider of digital asset indices by AUM since 2014, in partnership with CoinFund, a leading Web3 and crypto-focused investment firm and registered investment adviser, today announced CESR, the composite ether staking rate.

CESR is a global floating rate benchmark derived from the daily transaction fees and staking rewards emitted from the Ethereum Proof of Stake (PoS) blockchain. As a global and unbiased benchmark, CESR can serve as a fundamental building block of the Web3 economy by enabling the proliferation of loans, bonds, futures, swaps, other derivative products and financial instruments that reference the index.

“We are excited to launch what we see as a defining institutional reference rate for the crypto asset class,” said Chris Perkins, President of CoinFund. “This benchmark is poised to precipitate th

Czytaj więcej

We współpracy z: https://thenewscrypto.com/coindesk-indices-and-coinfund-announce-cesr-the-benchmark-rate-for-staking-on-ethereum/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy