Ethereum Queue Tops 1.3 Million Ether (ETH) as Lido Shows 2.22% APR
Photo: TokenPost
Ethereum’s validator entry queue held 1,368,318 Ether (ETH) in an Oct. 23 snapshot, with an estimated wait of about 24 days, while Lido’s displayed annual percentage rate (APR) was 2.22% when checked. The queue counts ETH awaiting activation as validators. It does not count distinct people, explain whether one person is behind multiple deposits or show why holders are staking. The snapshot adds another point to earlier coverage of Ethereum’s staking queue . Lido’s APR is a displayed rate for its staking service, not a rate for all Ethereum staking.
Source: TokenPost
