Story thread · 2 reports / 1 sources

Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it

cryptoslate.com · 2hShare

Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute them to shareholders at least quarterly, with the changes expected around Aug. 7. Solana and Ethereum are each weighing protocol changes that would reduce that income at the source. Solana developers want to accelerate disinflation […] The post Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it appeared first on CryptoSlate .

First report: Solana treasury earns $2.5M in staking rewards but had to sell equity to raise $12M in cash for operations — cryptoslate.com, 1d