The Royal Government of Bhutan has recently made new moves. They have staked all 320 ETH in their possession, which is approximately $971,000 based on the current market. It seems that small countries are also starting to take on-chain asset allocation seriously. This operation indicates that institutions are quite optimistic about the staking returns of ETH.
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PuzzledScholar
· 11-30 12:44
Bhutan's recent move is bold, directly going all in on staking; it seems they really have high hopes for ETH returns.
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SchroedingerGas
· 11-30 05:42
The Bhutanese government has started to stake as well; small countries are actually more flexible than large countries... This is the charm of Web3, anyone can participate.
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MondayYoloFridayCry
· 11-29 23:06
Bhutan has also started to stake? Small countries are betting on ETH returns, they must be very optimistic.
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TokenDustCollector
· 11-28 23:51
Bhutan has also started putting in efforts, investing 970,000 dollars in staking, they must have high hopes for ETH.
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LiquidatedThrice
· 11-27 17:49
Bhutan's recent move is quite aggressive, going all in on staking, which shows confidence in ETH's trend.
Wait, 320 ETH is 970,000? Does the Bhutanese government still have it in their wallet?
Speaking of which, institutional players are really different. While we are still debating whether to buy or not, they are directly investing and earning interest.
Is the yield from staking really that attractive? If this continues, will more countries start to enter the market?
Wow, Bhutan has even begun to make on-chain allocations, and I'm still using bank wealth management.
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MoneyBurnerSociety
· 11-27 17:44
The actions of the Bhutanese government are a typical signal for institutions to get on board. I just want to ask, will their stake returns also end up being automatically liquidated like my arbitrage position...
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AirdropHunterWang
· 11-27 17:41
320 ETH directly staked, this small country really dares to play.
The Bhutanese government has also started to reap staking rewards, big moves from a small country.
It seems they are really optimistic about the long-term returns of ETH, even the government is getting on board.
National-level funds are also coming in to buy the dip and stake, quite interesting.
If institutions are playing this way, staking rewards are really going to shrink.
Another signal of government entering the market, this cycle is not simple.
Small country big moves, Bhutan is making a good move.
$970,000 poured into staking, it's all about the expected returns.
The government has started asset allocation, what are we still hesitating about?
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LiquidityWizard
· 11-27 17:36
Bhutan's recent move is too aggressive, directly all-in staking 320 ETH, they are serious about earning APY.
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NFTregretter
· 11-27 17:34
Is Bhutan playing? Then what are we retail investors doing here, haha.
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ETH_Maxi_Taxi
· 11-27 17:28
320 ETH directly All in stake, this small country is starting to get active
Is the Bhutan government serious? Then I need to be more serious
This is called chain sovereignty, love it
Wait, 970,000 dollars is all the family assets? That's a bit timid
As for ETH staking, even the country trusts it, what are we still hesitating about?
Institutions buy the dip and stake, there will definitely be a play later
Small countries also understand passive income, why am I still slacking off
The Royal Government of Bhutan has recently made new moves. They have staked all 320 ETH in their possession, which is approximately $971,000 based on the current market. It seems that small countries are also starting to take on-chain asset allocation seriously. This operation indicates that institutions are quite optimistic about the staking returns of ETH.