📉 The sharp rise in Ethereum re-staking is due to the decline in annual percentage rates (APRs) of staking, reports P2P.org.
- Staking is the process of locking crypto to earn income and rewards.
- Re-staking allows locked ETH tokens to be used multiple times to increase income.
- The increase in ETH supply to 120 million is due to the rise in re-staking.
Experts believe that the decline in staking rates makes re-staking attractive to investors.