NONCO and BASTION TRADING complete Ethereum staking rate swap for the first time through CESR

NONCO and BASTION TRADING have completed the first Ethereum staking rate swap using CESR. This transaction aims to help participants manage the risk and trading costs of Ethereum staking rewards while locking in a fixed rate of return. CESR serves as the benchmark rate for Ethereum staking rewards, providing standardized staking benchmark rates and settlement rates for derivative contracts in the Ethereum ecosystem, introduced through a collaboration between COINFUND and COINDESK INDICES.