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Shanghai & Ethereum: Analyzing stETH’s Discount to ETH

stETH has had a persistent discount to ETH, yet it's backed 1:1 & pays a dividend. Inefficient market or justified? I used to be surprised stETH didn’t trade at a premium. But if you break down the embedded risks, the discount is reasonable. A framework for thinking about it. ⬇️⁠ ⁠ Keep reading on RabbitX Blog: blog.rabbitx.io (link in bio!)⁠ ⁠ Get hoppish 🕳️🐇⁠

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Shanghai & Ethereum: Analyzing stETH’s Discount to ETH [Video] | Discounted, Blockchain, Analyze