Decentralized finance applications (DeFi) are currently probably the biggest driver of innovation with regard to blockchain applications. Here, Ethereum in particular is the backbone of the coming DeFi wave.

In the editorial of the current issue of Zeitschrift für Finanzmarktrecht (ZFR) 8/2022, Oliver Völkel discusses a new reference rate on Ethereum, the ETH.STORE (Ether Staking Offered Rate), and explains how Ethereum is transforming from a proof-of-work to a proof-of-stake model.

The entire post can be read here.

Those interested in learning more about ETH.STORE can read about it here.

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