The larger the reward for staking, the higher the variety of stakers and the stronger the demand for shorting or promoting futures. That is as a result of staked ether can’t be withdrawn earlier than the subsequent improve known as Shanghai fork, due in mid-2023, and can earn rewards in ETH, which makes stakers susceptible to potential ether worth slides. Due to this fact, they are going to possible hedge their ETH publicity by promoting futures contracts tied to ether.
