
<p>GM fellow staker,</p>



<p>We’re coming in hot every single Thursday with all of the latest staking stories you <em>need</em> to know about. It’s a jungle out there. We’re here to help you stay informed and make smarter staking decisions.</p>



<h2 class="wp-block-heading">🧵<strong> In this week’s edition:</strong></h2>



<ul>
<li>🤿 Deep dive: $100m Daily Inflows: Ethereum Staking Thrives After Shapella</li>



<li>🌱 The new Verified Staking Provider (VSP) Incubation Program</li>



<li>📰 Weekly briefing: Top staking stories from the past week</li>



<li>📈 Chart of the week: Net Staking Flow last 7 days</li>
</ul>



<p><em>Read time: 3 minutes</em></p>



<h2 class="wp-block-heading">🤿<strong> Staking Deep Dive</strong></h2>



<p>Staking on ETH has gone from strength-to-strength following the Shapella upgrade on 12th April. Many speculated the upgrade would lead to a mass ETH withdrawal, instead we saw a remarkable influx of ETH deposits for staking, propelling staked ETH to record-breaking levels.&nbsp;</p>



<p>Take a closer look at the happenings post Shappella, including how the memecoin craze and MEV bots have driven on-chain activity, leading to a decrease in circulating ETH supply.</p>



<p>Read the full article:</p>



<p><a target="_blank" rel="noreferrer noopener" href="https://www.stakingrewards.com/journal/100m-daily-inflows-ethereum-staking-thrives-after-shapella/">$100m Daily Inflows: Ethereum Staking Thrives After Shapella</a></p>



<h2 class="wp-block-heading">🌱<strong>&nbsp; Supporting the growth of smaller staking providers</strong></h2>



<p>More validators = increased network security, enhanced decentralization and improved network efficiency. That’s something that benefits all crypto investors.</p>



<p>That’s why the Staking Rewards team has just launched a 3-year program to foster and enhance the growth of emerging validators in the staking ecosystem. The new <a target="_blank" rel="noreferrer noopener" href="https://www.stakingrewards.com/journal/introducing-the-verified-staking-provider-vsp-incubation-program/">Verified Staking Provider (VSP) Incubation Program</a> is free for validators that have an AUM of $2.5M or less.</p>



<p>Validators that join the program get a unique opportunity to benchmark against the best in the industry, helping to improve their overall ranking reputation.</p>



<p><a target="_blank" rel="noreferrer noopener" href="https://www.stakingrewards.com/journal/introducing-the-verified-staking-provider-vsp-incubation-program/">Learn more about the program and eligibility criteria</a></p>



<h2 class="wp-block-heading"><br>📰<strong> Weekly Briefing</strong></h2>



<p>More top news this week from the world of Staking…</p>



<ul>
<li>The <a target="_blank" rel="noreferrer noopener" href="https://defillama.com/categories">total AUM</a> in LSTfi projects across all chains is at $18.15B</li>



<li>EigenLayer restaking has <a target="_blank" rel="noreferrer noopener" href="https://www.blog.eigenlayer.xyz/eigenlayer-stage-1-mainnet-launch/">been deployed</a> on Ethereum mainnet</li>



<li>21Shares Introduce an <a target="_blank" rel="noreferrer noopener" href="https://coinmarketcap.com/community/articles/64881c20a94c0b6a52500fb4/">Exchange-Traded Product</a> giving Tradfi investors in Europe exposure to $LDO</li>



<li>Coinbase to <a target="_blank" rel="noreferrer noopener" href="https://www.coindesk.com/business/2023/06/07/coinbase-ceo-armstrong-says-not-shutting-down-staking-service/">continue offering</a> staking service, despite facing lawsuits from federal and state regulators.</li>
</ul>



<h2 class="wp-block-heading">📈<strong> Chart of the week</strong></h2>



<p>Below we have the Net Staking Inflow for the top 20 crypto assets over the past 7 days.<br><br>Get more live staking marketing insights at the click of a button with our new <a target="_blank" rel="noreferrer noopener" href="https://beta.stakingrewards.com/assets/proof-of-stake">Staking Asset Explorer (Beta)</a>, launched only a few weeks back.Net Staking Flow (Last 7 Days) &#8211; Click image to view bigger 🔎</p>



<h2 class="wp-block-heading">🚀<strong> Last, but certainly not least</strong></h2>



<p>As a Staking Insider, you can sign up for access to <strong>two </strong>of our upcoming projects. You’ll hear more about them in the coming weeks…</p>



<p>☁️ <a target="_blank" rel="noreferrer noopener" href="https://stakingrewards.com/sreth">Get early access to srETH, a robust liquid staking index on Ethereum</a></p>



<p>⚙️ <a target="_blank" rel="noreferrer noopener" href="https://9z0y58m1fqu.typeform.com/to/iyvxY7o3">Sign up for access to our Staking Data API when it goes live</a></p>



<p><em>Disclaimer: None of this is financial advice. The Staking Insider newsletter is strictly for educational purposes and is not investment advice. Please be careful and always do your own research.</em></p>


Staking Insider #1: $100m Daily Inflows: ETH Staking is Thriving