The transition from LIBOR to the Second Overnight Financing Rate highlights issues similar to those facing the crypto industry, including misconduct, corruption, and slow regulatory response. This shift has implications for crypto, like LIBOR, it enjoys minimal oversight over major players. With crypto’s rise as a top-performing asset, questions surface: Will crypto follow LIBOR’s path? Can the financial system include crypto in future reforms?
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Lightning Index Rate (LINER): A Game Changer for Enterprise Adoption of Bitcoin’s Network?
Amboss introduces the Lightning Index Rate (LINER) to attract enterprises to Bitcoin’s Lightning Network by offering insights into cost and yield comparisons with traditional financial institutions. The index eliminates credit risk and provides cost advantages over legacy systems, potentially incentivizing businesses to switch to Lightning Network usage.
Ethereum’s Proof of Stake Future: The Impact of Standardized Staking Rates and New Financial Products
The development of a standardized Ethereum staking rate benchmark, representing daily, annualized mean of on-chain rewards, could impact the cryptocurrency landscape. This rate could unlock the next generation of financial products and serve as a building block for Ethereum’s monetary policy, providing reference rate utility for market participants, and enabling risk transfer tools like swaps and futures.