Validator Entry Queue Overtakes Exit Queue

Submit
ethdaily.io

Validator entry queue overtakes exit queue

AI summary of the linked article

The Ethereum validator entry queue has overtaken the exit queue, with nearly 1 million ETH waiting to join the beacon chain compared to roughly 815,000 ETH awaiting withdrawal, according to validatorqueue.com data. The queue is at a two-year high, and the current wait for both new entries and full exits is over two weeks, due to a protocol-level cap on deposits and withdrawals processed per slot. The report also covers eth.limo disclosing that the case has cost the ENS ecosystem around $250,000 in legal expenses, and Safe launching a Positions widget that shows DeFi holdings alongside wallet balances.

No comments yetWhat caught your eye? Start the discussion.