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Digital asset company Copper has partnered with P2P.org to launch an institutional-grade staking solution supporting the Ethereum Pectra upgrade.
According to Deep Tide TechFlow news on October 31, as reported by Crowdfundinsider, digital asset custody company Copper announced a collaboration with P2P.org to launch an institutional-grade stake solution for the Ethereum Pectra upgrade. This solution combines P2P.org's staking infrastructure with Copper's custody services, providing institutional clients with “institutional-grade performance, reporting, and rewards.”
The current Ethereum network is facing issues with staking efficiency, as large-scale cancellations of stakes have extended the unbinding queue to over 40 days, while the average re-staking queue is about 24 days, during which participants cannot earn staking rewards. As more users exit and seek to re-enter staking, the re-staking queue is expected to continue to grow.
The new solution aims to mitigate reward losses by optimizing staking performance, providing institutional clients with staking infrastructure, simplifying operations, and reducing the impact of validator wait times on potential rewards.