Bybit, a Dubai-based
cryptocurrency exchange, is aiming for future opportunities expected from the
Shanghai Upgrade to the Ethereum decentralized blockchain. On Friday, the
exchange launched its new “optimized” Web3 Staking Pool to give its users
access to its “uncomplicated ETH staking options.”
🔥 Bybit Web3 Staking Pools are officially LIVE!
🧐 Stake wBTC, ETH, stETH, USDT and USDC with low slippage and low fees to maximize your returns
😍 Earn Up to 6.5% APR With Your Bybit Wallet
👉 https://t.co/kOysihcCeb pic.twitter.com/RPopOnXXpA
— Bybit Web3 (@Bybit_Web3) March 31, 2023
The Shanghai Upgrade, which is
the first major development coming after the Ethereum Merge executed in
September last year, is a hard fork on the Ethereum blockchain that will enable
ETH holders to un-stake their assets for the first time. The upgrade, initially
anticipated to happen this month, is now expected to happen next month.
ByBit in a statement explained
that its staking
