Derivatives Exchanges Prepare to Start Trading ETH from Ethereum Deposit Contract 2.0

The FTX cryptocurrency derivatives exchange expressed the willingness to place tokenized ETH based on the Ethereum blocked in the deposit contract 2.0 Beacon CHINA signal circuit (BETH).

4 November developers of the Ethereum 2.0 introduced a tool for creating ETH deposit contract 2.0, which will send broadcasts from the Ethereum 1.0 to Ethereum 2.0. According to Etherscan, To date, the contract is already
Contains more 19 600 ETH worth $7.9 million. The launch of a derivative market for Beth will allow access to liquidity to investors, which do not have the opportunity to use coins from a deposit contract to the first renewal phase.

However, Ethereum Foundation researcher Justin Drake (Justin Drake) reported, that the deposit contract was specially created in this way, to prevent the appearance of another type of eth, available for trade. And the co -founder of the Ethereum Vitalik Buterin doubts, that someone wants to provide liquidity for the second version of the broadcast, Sent to staying, Since moving ETH to Ethereum 2.0 Without the status of the validator will not bring profit.

At the same time, the co -founder of Coin Metrics Jacob Frank (Jacob Franek) considers, that this will not stop the listing exchanges of such assets, performing the function of "debt" coins. Their price can depend not only on the reward for steaking of broadcasts in Beacon CHIN. The cost can be affected and risks, related to trade in blockchain, which is still in development. For example, Fines for the inability to validate the new chain can adversely affect deposits. In turn, This will affect Beth Trade.

An anonymous researcher of cryptocurrencies under the pseudonym Hasu counts, that intermediaries should primarily take care of security problems. People, who will take on financial risks, no longer just release blocks, And the validators of the blocks will carry only indirect financial risks. Hasu offered to tie Beth, available for trading, To the number of broadcasts, provided for stake in centralized exchanges.

Recall, that update Ethereum 2.0 Planned on 1 December 2020 year when fulfilling certain conditions.