The ‘Merge’ is the single biggest event in crypto history
The current Ethereum Mainnet is set to merge with the Beacon Chain in the 2nd half of 2022. This will mark the end of Proof-of-Work for Ethereum and completes the awaited transition to Proof-of-Stake.
This is widely perceived as the single biggest event in crypto history for a number of reasons.
ETH supply becomes deflationary (approx. -0.5%)
ETH becomes a yield-bearing crypto asset (approx. 4-6% APR)
ETH reduces energy consumption by 99.9% and becomes ESG friendly
All of which makes Ethereum very attractive to hold long-term.
Northstake's Ethereum staking product is regulatory compliant, secure and safe to use while providing real exposure to ETH as a yield-bearing asset.
Why Ethereum matters
Due to its wide adoption, Ethereum is known in the crypto space as ”ultra-sound money”. With 200 million unique wallet addresses, Ethereum ranks
#1 in Market Cap across smart contract platforms
#1 in Total Value Locked (TVL) in DeFi applications
#1 in Monthly Active Developers building on the network
In addition, Ethereum has the largest cryptocurrency ecosystem, powering 65% of all DeFi activity, over 90% of all Decentralized Autonomous Organizations (DAOs) and over 80% of all NFT marketplaces. That is why many high-profile Layer 2 scaling solutions such as Polygon, Optimism and Arbitrum One decided to build on Ethereum.
Northstake offers a secure and compliant Ethereum staking product ready for institutional investors, who are gradually adopting crypto assets, while minimising risk and monitoring regulatory uncertainty, but believes in crypto as a new asset class.