Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally | STIPS|Oculus

Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally to $10K, BitMEX Founder Says.

Ethereum's impending merge between the mainnet and the Beacon Chain proof-of-stake system to happen by end of June. Last month, developers successfully launched the testnet. Once the transition to proof-of-stake is complete, users will be able to set aside – or stake – coins in a cryptocurrency wallet to support network operations in return for newly minted coins. In other words, the staked ether becomes a revenue-generating asset, similar to a fixed-income security such as a government bond.