Cryptocurrency News

Eth2 deposit contract now holds 10% of the circulating ETH supply

04/29/2022

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2022.04.29 18:01

Eth2 deposit contract now holds 10% of the circulating ETH supply

The deposit contract for staking Ethereum (ETH) on the Beacon Chain reached a balance of 12 million ETH on Friday. The total locked value of Ether in the Eth2 contract is worth about $34.5 billion.

The deposit contract was launched in November 2020 and currently holds around 10% of the total circulating supply of ETH.

Beacon chain staking contract. Source: Etherscan

04/29/2022

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