Figment’s Post

Arbitrum One has more ETH bridged to it than all other Layer 2s combined. primary reasons are their lower block times, which enhance user experience, and they are the only Stage 1 general-purpose Layer 2. Arbitrum is likely to be the first Stage 2 general-purpose Layer 2. More ETH is likely to flow in. Users, particularly those from the Ethereum community, care about decentralization. As of April 28, Arbitrum One had reached an all-time high, accumulating $5.2 billion worth of ETH. ETH inflows from centralized exchanges also indicate that Arbitrum One is the leading L2 for ETH deposits, accounting for 75% of all ETH inflows into L2s as of May 2024.

48.4% of assets bridged from Ethereum L1 have been moved to Arbitrum. Speaking of Arbitrum, here's where they rank across the most important KPIs within the L2 ecosystem: 1. Total Value Locked: #1 (Aave #1 driver) 2. Daily active addresses: #1 (the only L2 averaging more than ETH L1) 3. Transactions: #2 (behind Base) 4. Contracts Deployed: #4 (Base leads this category) 5. Token Holders: #1 6. Cost/Tx: #1 (cheapest - averaged about 2 cents/tx in Q2) 7. Fees: #6 (due to cheap tx -- Base leads this category with higher avg. cost/tx) 8. FD Market Cap to TVL: #1 Data: Token Terminal ---- Looking for more data on the Ethereum ecosystem? Check out The ETH Report (77 high-signal charts across 10 different categories). Link in the first comment below 👇 cc: The Arbitrum Foundation

🔍 Let's take a look and compare how Kiln validators performed in June versus the rest of the Ethereum network. 📈 We monitored a gross rewards rate 0.14% higher than the Ethereum network average and generated 1.36% more staking rewards. 🔐 We're thrilled to share that Kiln had no slashing events in June (or ever). Our commitment remains to safeguarding our users' assets and fostering a secure environment for all. 📊 The data used for this analysis comes from Rated, Kiln Connect, and beaconcha.in.

Dive into the latest ETH news in Blockdaemon’s August 2024 newsletter! Read about key updates, insightful analysis, and the latest in the Ethereum ecosystem. Read more here: bit.ly/4dihKAb August Topics: - Modular Rollup Landscape - Effects Of EIP-7251 “maxEB” - Staking Rate Benchmarks - EthCC Recap Subscribe to never miss an issue 👇

Introducing Validator Staking on MetaMask Portfolio! With a 32 ETH deposit, we run your very own validator node where you're always in control. No pooling. No hardware. Just rewards. https://lnkd.in/gzWJjEER We run your node securely, streamlining your staking rewards while reducing risks of slashing and downtime. Powered by Consensys Staking, setting up your very own Ethereum validator is now easier via MetaMask Portfolio. https://lnkd.in/gYbn49Rg

𝐑𝐚𝐢𝐧𝐛𝐨𝐰 𝐒𝐭𝐚𝐤𝐢𝐧𝐠 - Subverting centralization risks in ETH staking. 𝐓𝐡𝐞 𝐏𝐫𝐨𝐛𝐥𝐞𝐦? - To be truly decentralized, it's good to have many more '𝐬𝐨𝐥𝐨-𝐬𝐭𝐚𝐤𝐞𝐫𝐬' than '𝐬𝐭𝐚𝐤𝐢𝐧𝐠 𝐩𝐨𝐨𝐥𝐬'. - Running own ETH node is a technical obstacle. - Staking 32 ETH is a financial obstacle. 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧? - Split staking into 'heavy' and 'Llght'. - 𝐇𝐞𝐚𝐯𝐲 𝐒𝐭𝐚𝐤𝐢𝐧𝐠 - Slashable & signs in every slot. - 𝐋𝐢𝐠𝐡𝐭 𝐒𝐭𝐚𝐤𝐢𝐧𝐠 - Unslashable & signs slots via lottery system. Require both to sign off in order for the Ethereum Block to get finalized - Interesting concept by Vitalik Buterin, but will it work?

Wondering how long it takes to start earning ETH rewards or to unstake your assets? ⚖️ We understand how valuable it is to know timelines and the processes involved in staking and unstaking ETH. We'd like for you to gain a deeper understandings such as: 1️⃣ The average time it takes for your ETH stake to start earning rewards. 2️⃣ Detailed steps and timeframes for unstaking your ETH. 3️⃣ How network parameters and queues impact your staking experience. Gain a deeper understanding of these essential processes and make informed decisions with your Ethereum investments. 👉 https://lnkd.in/eHiGgJZr

2024, mixed bag for Arbitrum and Optimism – Why? Arbitrum and Optimism saw more transactions in the new year. ARB and OP were in a bear trend at press time. Arbitrum [ARB] and Optimism [OP], two prominent Layer 2 scaling solutions for Ethereum [ETH], have experienced an increase in transaction activity this year, according to available data. Despite this positive trend in transaction volume, […] https://lnkd.in/gbhVCAcP

💥 Blast: Your Ultimate Web3 Guide from 3x Education. Thanks for the guide, Viacheslav Y. 👓Discover how Blast's innovative Layer 2 platform offers unbeatable returns on Ethereum. 🦉Learn how to maximize your earnings with auto-rebasing and tap into L1 staking rewards. 🐠Join now to earn big on Ethereum! Dive into our guide today. 👇 #Blast #Web3 #Ethereum #CryptoEducation

Next year we will have a hot duel in the L2 segment. There are too many identical solutions on the market that offer scaling of the clumsy Ethereum. The market doesn't need that much L2. The new Blast protocol will supplant Arbitrum, Polygon and Optimism. The remaining L2 will disappear into oblivion.