#Binance CEO CZ says he wants to help Elon Musk bring Twitt | Amanonchain on Binance Square

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Oct 31, 2022

#Binance CEO CZ says he wants to help Elon Musk bring Twitter into Web3.Binance also invested 500 million on Twitter Purchase along With Elon Musk

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Here’s how Pectra Upgrade impacts staking and the potential $ETH ETFs: The Ethereum Pectra upgrade brings a major change to staking by increasing the validator balance limit from 32 ETH to 2,048 ETH. Staking Changes in Pectra: 1. Higher Validator Cap – Validators can now stake up to 2,048 ETH per validator, compared to the current 32 ETH limit. This reduces the need for large stakers to run multiple validators, making staking operations more efficient. 2. More Efficient Withdrawals – The update introduces better staking exit mechanisms, allowing for improved liquidity and smoother staking withdrawals. Impact on ETH ETFs: 1. Institutional Efficiency – Since many institutions looking to issue Ethereum spot ETFs (like BlackRock, Fidelity, etc.) will need to stake ETH to generate yield, the ability to stake more ETH per validator makes staking more scalable for them. 2. Lower Infrastructure Costs – Instead of managing thousands of validators with 32 ETH each, large holders can consolidate their stake, reducing operational complexity and cost. 3. Better Liquidity & Yield – With more efficient staking and withdrawals, ETFs that stake ETH can offer better redemption processes and yield generation, making them more attractive to investors. This change aligns with Ethereum’s push to be more institutional-friendly while improving the overall staking ecosystem.

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Co-Founder & Chief Customer Service Officer in @Binance /Holder of #BNB

Zenith of Crypto Influence | X/Twitter:@zenith_zoro | Crypto Samurai | Deep studying crypto Projects.

Twitter : imedtouil5 🔶 Youtube : imedangel 🎦 Binance Square Creator 🌐 Software engineer 💻 Interested by web3 and Blockchain technology & car aficionado 🏎

Hernandes Nogueira Valt

Neste canal, você terá acesso a analises e oportunidades no mundo das Criptomoedas e DeFi

Binance CEO | Formerly Binance Head of Regional Markets | Former CEO of Financial Services Regulatory Authority ADGM

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