- The redistribution of ether is part of a plan to relaunch the platform
- Lender assets were previously bought by the Fahrenheit consortium
- The current delay in connecting new validators exceeds 45 days
- It is steadily growing due todue to consistently high demand for steaming services
In the middle of last month, crypto-lander Celsius posted ETH $1,868 Ethereum ETH -1.95% Market cap $224.6b Vol.. 24Н $1.4b Exchange partner
на сумму $813 млн из протокола Lido Finance. After that, the assets of the site went to the Fahrenheit consortium, which supports the restart of the service. Part of that strategy is to redistribute ether.
Arham Intelligence reports that since June 1, the lender has placed $745 million in ETH-stacking smart contracts. This has significantly increased the already long delay in activating the new validators.
This is how Tom Wang of 21Shares commented on the situation:
“If Celsius places the 428,000 ETH it withdrew earlier into contracts, it will take 45 days and 4 hours.. Thus, the connection delay has increased by 6 days and 15 hours.”
There are currently 93047 validators in the queue. Total waiting time is 45 days 9 hours and 45 minutes. This is data from a monitoring service.
Celsius places air primarily in its own betting pool, as well as through the Figment service.. Demand for ETH crypto-stacking increased significantly after the rollout of the Shapella update, which gave holders the ability to withdraw funds.
The demand for ETH crypto-stacking increased significantly after the rollout of the Shapella update.