• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

CoinDesk Indices and CoinFund Announce CESR, the Benchmark Rate for Staking on Ethereum

April 27, 2023 By Business Wire

CESR is a floating rate benchmark that serves as a fundamental building block of the Web3 economy

NEW YORK--(BUSINESS WIRE)--#CESR--CoinDesk Indices, the leading provider of digital asset indices by AUM since 2014, in partnership with CoinFund, a leading Web3 and crypto-focused investment firm and registered investment adviser, today announced CESR, the composite ether staking rate.


CESR is a global floating rate benchmark derived from the daily transaction fees and staking rewards emitted from the Ethereum Proof of Stake (PoS) blockchain. As a global and unbiased benchmark, CESR can serve as a fundamental building block of the Web3 economy by enabling the proliferation of loans, bonds, futures, swaps, other derivative products and financial instruments that reference the index.

“We are excited to launch what we see as a defining institutional reference rate for the crypto asset class,” said Chris Perkins, President of CoinFund. “This benchmark is poised to precipitate the expansion of investment products across global finance to ultimately enhance stability and risk management capabilities for investors.”

This benchmark serves as an important first step in the creation of a forward rate curve, serves as a new discount rate, and allows assets across the digital domain to be priced as a relative investment to CESR, as retail and institutional market participants are granted new opportunities to gain exposure and hedge risk. This development follows Ethereum’s transition from Proof-of-Work to Proof-of-Stake (‘The Merge’).

CESR captures all relevant block rewards paid to network validators, comprising new emissions issued by the Ethereum PoS blockchain and transaction fees awarded from existing circulation, including maximal extractable value (MEV). The methodology accounts for protocol “slashing” and protocol withdrawals. CESR will be calculated and published by CoinDesk Indices daily, seven days per week.

“Our partnership with CoinFund creates such a foundational piece of infrastructure to crypto asset markets,” said Alan Campbell, President of CoinDesk Indices. “Drawing on our experience managing the longest-running and largest benchmarked crypto indices globally, we’re excited to launch CESR, a building block for crypto-based finance.”

Roger Bayston, EVP and Head of Digital Assets at Franklin Templeton, expressed support for CESR “As a firm committed to innovation across digital assets and the Web3 ecosystem, Franklin Templeton is very excited about the launch of CESR, backed by CoinFund and CoinDesk Indices, and the pathways it may open for the industry to use this innovative new index.”

CESR will be released to the public in the coming weeks. To learn more, submit your information here.


Contacts

CoinFund:
Bridget van Voorst
CW8 Communications
E: bridget@cw8-communications.com

CoinDesk Indices:
JConnelly
CDI@jconnelly.com

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Backed’s xStocks Go Live Today on Bybit, Kraken, and Solana DeFi

June 30, 2025

Zodia Custody Cements UAE Presence with Completion of Acquisition of Tungsten Custody Solutions

June 30, 2025

How to Launch Your Own Memecoin on MoonX.bet – No Coding Needed

June 30, 2025

Solana (SOL) and Shiba Inu (SHIB) Are Moving Again, But Little Pepe’s (LILPEPE) Potential to Turn $450 into $45000 is Going Viral

June 28, 2025

Top Meme Coins for 2025: Why Little Pepe (LILPEPE) Is Favored for a 5400% ROI Over Shiba Inu (SHIB) and Pepe Coin (PEPE)

June 27, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter