Etay Fong plans to upgrade the urban area of Shanghai in mid-late March, which will increase the proportion of shares in the block chain in the middle and later stages, JPM said in an investigation report on Wednesday.

The bank says there is plenty of room for promotion because other risks confirm (POS) that the average Internet ratio is about four times that of 14%. The ratio consideration refers to the ratio of the amount of immobile medical ether to the supply of the circulatory system.

Investment analysts, represented by Nikolaos Panigirtzoglou, write that assuming that the bet ratio tends to average 60 per cent of other key POS networks over time, the total number of verifiers is likely to rise from more than 500,000 to more than 2.2m, with returns falling to about 5 per cent from the current 7.4 per cent. In the risk verification system, the verifier confirms that the block chain is accurate and can be added to the block chain technology.

The bank indicated that much of the increased bets in the future could be converted to liquidity betting agreements such as LIDO. This agreement "achieves the liquidity of assets by providing equivalent derivatives dynamic passwords to obtain medical ether for trading bets, which would otherwise be locked in the betting agreement."

JPMorgan Chase stressed that liquidity bet agreement derivatives are generally traded at less than the price of their call options, but as the Shanghai Composite Index moves closer, they have converged to lower prices with ETH.

It can be said that as the update date approaches, the application of this liquid pile agreement may be reduced, the report said. The reverse argument is that the effect of the agreement is not limited to liquidity, but also acts as an intermediary for retail investors, who could otherwise face a 32 euro ($52000) bet, the report said.

As a result, liquidity betting agreements have become the main decentralized financial (Defi) participants, causing anxiety about Internet concentration, the report added.

Upgrade (10:42 UTC on February 10th):The proportion of bets is defined in the second paragraph.