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Produced by Daniel Aharonoff & Mogul Media AI

Apple Vision Pro: Redefining Wearable Technology

Exploring the Apple Vision Pro: A New Era of Wearable Experiences The arrival of the Apple Vision Pro marks a significant milestone in the realm of mixed reality and spatial computing. Priced at $3,500, the headset may seem like a considerable investment, but early adopters are already reaping the rewards of its innovative applications. These experiences not only showcase the device’s potential but also provoke a broader contemplation about the future of technology in our daily lives. Let’s dive into five groundbreaking applications that are redefining how we interact with the world around us. 1. Virtual Home Tours with Zillow Immerse Transforming House Hunting : The tedious process of touring homes has been revolutionized with the Zillow Immerse app. This allows prospective buyers to explore virtual representations of listed properties, offering a glimpse into homes without the time-consuming physical visits. Wide Applications : Beyond real estate, this technology holds promis
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Produced by Daniel Aharonoff & Mogul Media AI

The Rise of Proof of Stake: Surge in Staking Rates in Q3 2023

The third quarter of 2023 has brought Proof of Stake (PoS) assets into the spotlight once again, as staking rates for the top 35 stakable assets experienced a significant surge. According to the State of Staking report by Staked at Kraken, the average stake rate for these assets reached an all-time high of 52.4% in Q3 2023, up from 49.3% in the previous quarter.

Staking, which involves actively participating in the operation of a proof of stake blockchain, plays a crucial role in creating new blocks and confirming transactions. Validators are chosen based on the number of coins they stake or lock up as collateral. This process also helps secure the network by discouraging malicious behavior, as a higher stake rate makes it more difficult for bad actors to attack the network.

The report highlights the most staked networks in the last quarter, with Aptos and SUI leading the way at 84.1% and 80.5% of the supply staked, respectively. They are followed by Mina at 77.6%, Solana at 71.9%, and Cosmos at 67.6%.

Stake rates tend to increase as holders become more familiar with the underlying protocol and are willing to use their tokens to support the network. Tim Ogilvie, Product Director and Head of Staked at Kraken, explained that if network activity remains relatively the same, an increase in stake rate can result in a reduction in the average return. This is because staking rewards need to be shared among a larger number of validators.

However, the recent increase in the average stake rate has led to a drop in the average staking yield by 0.4% from the previous quarter, with the current average yield standing at 10.2%. The report notes that this continues the downtrend that began in March 2022, when the average yield peaked at 15.4%.

It is worth noting that among the top 10 assets, only two chains offer yields higher than 7.5%: Polkadot at 15.1% and Cosmos at 18.9%. Ethereum, the second-largest cryptocurrency in the industry in terms of market capitalization, falls below this threshold.

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