P1 1/ Things to know about Ethereum Shanghai Upgrade The Shanghai Upgrade (Shanghai Upgrade) will take place on April 13 (Vietnam time) π What is Ethereum Shanghai Upgrade? π The meaning of Shanghai Upgrade for the market 2/ What is Ethereum Shanghai Upgrade? π This is an upgrade of Ethereum, allowing users to withdraw $ETH staked on Beacon Chain. The event was originally scheduled for March 2023, but was officially pushed back to around 5:27 am on April 13 (Vietnam time). 3/ Meaning of Ethereum Shanghai Upgrade Previously, users could only stake min. 32 ETH => become validator of Ethereum, or use LSD (Liquid Staking Derivatives) protocols like Lido, Rocket Pool... 4/βοΈ With LSD protocols like Lido, Rocket Pool, users lock $ETH => receive stETH, rETH... to participate in other activities on the protocol. => Liquidity support for staked $ETH, but limited to use on #LSD . protocols 5/π After Shanghai Upgrade, users have 2 options: - Partial withdrawal: Only withdraw bonus, keep the original 32 ETH & continue to be validator of Beacon Chain - Full withdrawal: withdraw both the original and the bonus to the wallet π Be more active with the option of depositing and withdrawing ETH.