<p>GM fellow staker,</p><p>The Global Staking Market Cap has increased by +$786.0m over the past 7 days and it's Friday 🎉 &nbsp;Let's wrap the week up with some more staking alpha..</p><p>🧵 In this week’s edition:</p><ul><li>⚡The Ultimate Guide to LSTfi</li><li>📰 Weekly Briefing</li><li>🤓 Staking Metric of the Week</li><li>📢 Staking Data API Update</li></ul><p>Read time: 3 minutes</p><h2>⚡The Ultimate Guide to ETH LSTfi</h2><p>From LST-Backed Stablecoins to LST Index protocols... The LSTfi market on Ethereum consists of Structured Products that use Liquid Staking Tokens (LSTs) as an underlying source of collateral.</p><p>This week we're taking a closer look at some of these Structure Products, helping you get a better lay of the land.</p><p>Before we dive in, let's take a step back.</p><p>In the below infographic, you can see each layer of the Ethereum Staking Ecosystem, from the ground up.</p><p>Behold, the Ethereum Liquid staking landscape...</p><p><img src="https://tidy-ball-c49dc59f59.media.strapiapp.com/Ethereum_Ecosystem_Infographic_f36610188d.png" alt="Ethereum-Ecosystem-Infographic.png"></p><p>Get an overview of each layer in the staking stack and go deeper into some of the Structured Products making waves in the LSTfi space in our latest article...</p><p><a target="_blank" rel="noopener noreferrer" href="https://legacy.stakingrewards.com/journal/the-ultimate-guide-to-lstfi-on-ethereum/">Read the full article</a></p><h2>📰 Weekly Briefing</h2><p>More top news this week from the world of staking…</p><ul><li>Stakesaurus releases an end-to-end <a target="_blank" rel="noopener noreferrer" href="https://twitter.com/stakesaurus/status/1709419025435164696?utm_source=brevo&amp;utm_campaign=Staking%20Insider%2016%20The%20Ultimate%20Guide%20to%20LSTfi&amp;utm_medium=email">home staking guide</a></li><li>Manifold Finance rolls out an <a target="_blank" rel="noopener noreferrer" href="https://www.theblock.co/post/253843/manifold-finance-mev-auction-protocol?utm_source=brevo&amp;utm_campaign=Staking%20Insider%2016%20The%20Ultimate%20Guide%20to%20LSTfi&amp;utm_medium=email">MEV auction protocol</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://solana.com/news/validator-health-report-october-2023?utm_source=brevo&amp;utm_campaign=Staking%20Insider%2016%20The%20Ultimate%20Guide%20to%20LSTfi&amp;utm_medium=email">30% of Staked Tokens</a> on Solana Flowing Through Jito Labs Client</li><li>Vitalik Buterin <a target="_blank" rel="noopener noreferrer" href="https://cointelegraph.com/news/vitalik-buterin-dao-staking-pool?utm_source=brevo&amp;utm_campaign=Staking%20Insider%2016%20The%20Ultimate%20Guide%20to%20LSTfi&amp;utm_medium=email">voices concerns</a> over DAOs approving ETH staking pool operators</li><li>Bitcoin staking protocol <a target="_blank" rel="noopener noreferrer" href="https://blockworks.co/news/babylon-staking-bitcoin-proof-of-stake">Babylon launches MVP</a> at Cosmoverse</li></ul><h2>🤓 Staking Metric of the Week</h2><p>The Staking Asset Explorer is a treasure trove of data.</p><p>This week we’re comparing the amount of <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/asset/cosmos?category=pos&amp;sort=staked_tokens&amp;timeframe=30d&amp;order=desc&amp;verifiedFirst=true">Staked ATOM</a> against the average Reward Rate on the network over the past 7 days, using the Historical Staking Data Chart.</p><p>The chart shows a clear decline in Reward Rate as the amount of Staked ATOM has steadily increased. Over the past 7 days, an additional 1.58M ATOM has been staked on the network, which has led to a 0.15% decline in Reward Rate.</p><p>Spot trends and make smarter staking decisions effortlessly with the the Historical Data Charts, available for all Staking Asset profiles on our website!</p><p><img src="https://tidy-ball-c49dc59f59.media.strapiapp.com/Staked_ATO_Mvs_Reward_Rate_3cea415861.png" alt="StakedATOMvsRewardRate.png"></p><p><a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/asset/cosmos?category=pos&amp;sort=staked_tokens&amp;timeframe=30d&amp;order=desc&amp;verifiedFirst=true">Take a Look for Yourself</a></p><h2>📢 Staking Data API Update</h2><p>This week the team added a new sorting filter to the Staking Data API!</p><p>You can now sort staking metrics based on their percentage change over a specified time period.</p><p>The example query below outputs the top 10 PoS Assets by Staking Market Cap, ordered by the highest percentage change over the past 30 days.</p><p><img src="https://tidy-ball-c49dc59f59.media.strapiapp.com/AP_Ipercentagechangefilter_e6df3017bf.png" alt="APIpercentagechangefilter.png"></p><h2>🎬 That’s a Wrap!</h2><p>Thank you for taking the time to read the Staking Insider newsletter. Come and chat with us and the wider community in our Discord server.</p>

Staking Insider #16: The Ultimate Guide to LSTfi