Only two Blockchains did better compared to 5.03% that Ethereum gave. Polkadot and Cosmos offer better returns than ETH. Meanwhile, Modular Asset Management’s crypto hedge fund is buying DOT.
Compared to Ethereum, Cosmos and Polkadot have better efficiency
A recent Bloomberg report by Jamie Douglas and Mike McGlone compared various Proof of Stake (PoS) staking returns. When comparing them to Ethereum, it turned out that only two PoSs yield better returns than Ethereum. These are Cosmos and Polkadot. Analysis of Ethereum revealed that it has a large market share in terms of fee revenue. Additionally, the network has a relatively good monetary policy. Therefore, it is possible for the capital allocation in the crypto market to price the risk compared to the Ethereum ratio.
Compared to Ethereum’s 5.03% yield, only two blockchains did better. Polkadot’s traded premium sits at 7.7%, while Cosmos sits at 10%. According to the report, assets that trade negatively are likely to be victims of Incorrect Pricing. In this case, its issuance or inflation will have to undergo a radical reduction.
Modular Asset Management’s hedge fund buys more Polkadot
As we have reported as Kriptokon.com, Polkadot provides better efficiency than ETH. Meanwhile, Modular Asset Management’s crypto hedge fund is buying DOT. According to them, Polkadot and Algorand have stronger sustainability features. They also have the potential to outperform after a $2 trillion jolt in digital assets.
Chief Investment Officer Daniel Liebau revealed in an interview that the Fund has increased its purchase of Cosmos in recent weeks. Since the fund was launched on May 10, Polkadot has dropped 43% and Algorand 39%. However, Cosmos dropped 6%. Liebau also explained that they believe the adoption of the platforms is linked to good sustainability features in the digital asset markets. According to Bloomberg Intelligence analyst Jamie Douglas Coutts, Modular capitalizes on the trend where crypto is being incorporated into asset allocation and “ESG integration frameworks.”
Silicon Valley Venture Capitalist talks about some benefits of Merge
Silicon Valley Venture Capitalist Ali Yaha praises Ethereum, one of the best blockchains. To him, the last Merge was an insane success. In a statement, Yaha states that the upgrade includes hot swapping of Ethereum’s most important component. In addition, correct uptime has been provided for all users.
Yaha also states that Ethereum is now more than 100% power efficient than before. It’s important to note that transactions that pass through the PoS consensus are final. In this case, precision will be the most important basis for scaling. Yaha says Merge is a bigger event that facilitates the world of productivity. It also notes that it provides a secure layer for computations that supports decentralized applications.
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