Hi @Leo-ObolAssoc ,
thanks for (trying to) clarify.
But tbh, your text is only another symptom of the problem imho.
I was always a critic about the widespread practice of quoting TVL in USD in bull markets, where basically all teams try to impress people/investors with rising numbers that are purely market-based upswings but not actual operational wins. On the flipside, nothing gets communicated when prices drop. To be fair, this is the same in retail tradfi when funds boast their % rise, but rarely the difference of outperformance to underlying benchmark. Few…
But now and here you did have the chance to communicate transparently some actual ETH numbers, but did not take it, unfortunately.
I tried to find out myself, but (again a wide spread problem in the space) did not find a historic chart.
- So may I suggest to take that up and add e.g. here Mainnet - Obol DV Launchpad , where it shows 631,552 ETH staked.
- And in the process check the consistency or add explanation, as the “Active validators” value on https://obol.org/ of 22,006 in my view does not add up with the above number, since 631,552 : 32 = 19,736 validators (and might be significantly lower since 32 Eth is the minimum validator balance). Since one cannot rely on each validator being 32 Eth anymore, I’d suggest to only quote Eth consistently, avoiding both USD and validator values.
That being said, I’ll still vote in favor of this proposal in a minute, as I feel the growth is not really a decisive argument (or rather >30% APY is not realistic/sustainable long-term anyway).