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    Vikshita Vitthal Gujaran in OBOSWAP

    21-Jan-2023 11:46 AM


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    What Is the Ethereum Shanghai Upgrade and How Will It Affect?

    Ethereum's Shanghai update (EIP-4895) will allow ETH stakers to remove their staked funds as validators.
    Aside from its effects on staking, it's also likely to have some ramifications on market demand for ETH.
    With Ethereum's switch to PoS, users can stake their ETH as part of the network's consensus mechanism.
    There's, of course, no certain answer here.
    For many traders and investors, the percentage of coins staked out of the total supply will be something to monitor.

    Source - https://academy.binance.com/en/articles/what-is-the-ethereum-shanghai-upgrade-and-how-will-it-affect-me?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
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