Honestly..
Is this the "smart money" we re against now? The ones that waited 10 years for the ETF and just aping in?
And the ones that can trade only during business hours?
How long until they decide to ape into DeFi?
#Bitcoin#Ethereum
@TaikiMaeda2@pudgypenguins 900 * 32 ETH = 28800 max new ETH that can be staked per day.
Even if this limit is reached daily for the next year you will have 28800 * 365 = 10512000 which is < 10% of total ETH supply.
So i would say a maximum of ~23% total amount staked by end of 2023 if no ETH is withrawn
@TaikiMaeda2@pudgypenguins Hello Taiki, great content as always.
I only wanted to point out 1 thing. There is no way ETH staked will reach 60-80% by the end of 2023 and this is because there is a limit in how many validators can be added per day.
This limit is 900 validators per day.