Staked Ether Creates Benchmark for Crypto Economy, Says ARK Invest

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By Maya Cantina

“Currently, prime collateral on Aave V3, Spark, and MakerDao, 1.3 million stETH, 598,000 stETH, and 420,000 stETH, respectively, are locked into these protocols and used as collateral to issue loans or crypto-backed stablecoins. cryptocurrencies,” he added.

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