The US-based digital asset data provider Lukka has joined forces with Coindesk indexes to integrate the compound ether stacking speed (CESR) into its offerings.
Cesr will capture the average annual action yield earned by Ethereum Validators, including consensus incentives and priority transaction fees. Financial institutions, asset managers and analysts can use Cesr as a benchmark for relative ether staple benefits
“Our collaboration with Coinfund on Cesr delivers a critical benchmark for Ethereum -Stacking and offers institutions a trusted and standardized rate,” said Alan Campbell, President of Coindesk Indices.
Dan Husher, Chief Data Product Officer at Lukka, added that the agreement illustrates a “higher standard for institutional crypto data.”
Ethereum efforts have been ballooning since blockchain from a proof-of-work to Proof-of-Stake Consensus Mechanism in September 2022. There are currently $ 37 billion in total value locked (tvl) across liquid Poor protocols that allow users to earn additional dividends through the issuance of floating stack mates (LSTS).
