HashKey Group launches Asia's first institutional-grade PoS liquidity verification service EPotter

2022-09-27 10:53:45

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Chain Catcher News, HashKey Group has launched EPotter, Asia's first institutional-grade PoS liquidity validation service, which is an institutional-level proof-of-stake liquidity validation solution. EPotter also introduces the epETH token, an ERC-20 liquidity representation that signifies ownership of the underlying locked ETH and any rewards earned through staking.

It is reported that eligible investors can obtain epETH through service agents in exchange for ETH, fiat currency, or other digital assets. At launch, 1 epETH is equivalent to 1 ETH. Transferable epETH tokens allow holders to earn validation rewards while maintaining the flexibility to trade on the secondary market when needed. Currently, ETH needs to be locked before the withdrawal feature can be enabled on the Ethereum blockchain, which is expected to open for withdrawals after the "Shanghai Upgrade" in 2023. (Source link)

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