Image default

CoinDesk Indices, Crypto Asset Manager CoinFund Launch an Ethereum Staking Benchmark Rate

share on Facebookshare on LinkedInshare on TwitterEthereum Shanghai (Pixabay)


share on Facebookshare on LinkedInshare on Twitter

CoinDesk Indices and crypto investment firm CoinFund have jointly launched a benchmark that tracks Ethereum staking rates and brings accoutrements that institutional investors expect into digital assets.

The Composite Ether Staking Rate (CESR) will be computed and published seven days a week, according to a Thursday statement. It accounts for block rewards, new emissions, transaction fees, maximal extractable value (MEV), protocol slashing and withdrawals.

“Our partnership with CoinFund creates such a foundational piece of infrastructure to crypto-asset markets,” Alan Campbell, president of CoinDesk Indices, said in the press release. “Drawing on our experience managing the longest-running and largest benchmarked crypto indices globally, we’re excited to launch CESR, a building block for crypto-based finance.”

The launch of CESR helps create the market infrastructure to allow for a forward rate curve and a discount rate – which are pillars of traditional finance (TradFi) used to value assets – and it allows for digital assets to be priced in relation to CESR.

Roger Bayston, head of digital assets at fund manager Franklin Templeton, said in the release that his firm is “very excited about the launch of CESR” because it opens new pathways for the industry, particularly for TradFi firms intrigued by crypto.

CoinDesk Indices hasn’t announced a launch date yet for CESR, but says it will be in the coming weeks.

Edited by Nick Baker.


Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

Trending1Consensus Conversations 2023CoinDesk ReportsConsensus Conversations: Day 3May 1, 20232CDCROP: MicroStrategy Executive Director Michael Saylor (Joe Raedle/Getty Images)FinanceMichael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment ChargeMay 1, 20233C23 Conversations LummisCoinDesk Podcast NetworkConsensus 2023: Regulation, Regulation, Regulation, With Senator Cynthia Lummis; What’s the Holdup?May 1, 20234“Departed” y “Right Click Save Guy” de XCOPY. (Sotheby’s Metaverse modificadas por CoinDesk)NegociosSotheby’s presenta un marketplace secundario de NFTs en la cadenaMay 1, 2023


Related posts

Bitcoin Rebounds Above $22K After Tepid Inflation Readings

Blake Goodwin

Bitcoin: las apuestas son bajistas mientras los futuros alcanzan un nivel récord

Blake Goodwin

Ether, ADA Lead Steep Crypto Slide Amid Dollar Strength

Blake Goodwin

Leave a Comment