Ethereum Staking Needs Its (Honest) LIBOR

To fully realize the promise of this innovation, a standardized benchmark can be created by capturing and publishing daily, annual means of on-chain rewards for all validators. Blockchain’s inherent transparency, replication and immutability will make it difficult to manipulate – on the contrary, notoriously difficult to manipulate. LIBOR The benchmark that drove the Traditional Finance (TradeFi) credit markets for years.