Coindesk Indices collaborates with CoinFund to launch the Comprehensive Ethereum Staking Rate Index (CESR)

ChainCatcher news, Coindesk subsidiary Coindesk Indices announced a partnership with Web3 crypto investment firm CoinFund to launch the Comprehensive Ethereum Staking Rate (CESR), which will serve as a global benchmark for Ethereum staking rates. This index is based on daily transaction fees and staking rewards from the Ethereum Proof of Stake (PoS) blockchain, providing a reference for crypto loans, bonds, futures, swaps, other derivatives, and financial instruments.

Previously, Coindesk Indices launched the Bitcoin Trend Indicator (BTI) in mid-April. (Source link)