A proposed Ethereum upgrade threatens to kill native yield and force SharpLink’s $125M treasury into high-risk DeFi

By ScryveWire ·

According to CryptoSlate, a proposed Ethereum upgrade known as EIP-8363 could eliminate native yield on staked ETH, affecting companies like SharpLink that rely on staking for returns. If adopted, the upgrade would progressively burn consensus rewards as more ETH is staked, potentially shifting SharpLink’s strategy towards riskier DeFi activities to maintain yield. Currently, the upgrade has not been finalized, and its long-term impact on SharpLink’s treasury, estimated at $125 million, remains uncertain. Read the full story at CryptoSlate . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.