CoinVoice recently learned that Wintermute posted on the social platform that there are currently about 120.3 million ETH in circulation, but there are only about 34.3 million ETH staked, which means that more than 70% of ETH is still unstaked and usually idle in wallets, missing the opportunity to get rewards and invest in DeFi.
Of the staked ETH, approximately 9.6 million is staked through Lido. While these assets can generate returns and can be used to participate in DeFi, their full potential has yet to be fully tapped. By integrating Lido’s solution, Wintermute can take the lead in offering stETH as collateral for OTC transactions. [Original link]
