Bitcoin Forum

With the recent launch of Ethereum 2.0, people are now rushing to the launchpad for staking

But is it worth it?

The rewards are looking very appealing but the stake is going to stay illiquid for a long time. Will a third party staking provider help in mitigating some risk?

Move this to altcoin discussions.

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If the price of ether will increase, then there is nothing bad, I think the reward is also daily also in a way people can join ethereum staking pool.

But, in my opinion, I prefer to be more of a trader than staking. It depends on your choice, if the price of ether falls, this can result to loss, but if the price increase, it is profitable.

If you are an ether holder, it will be good to stake it to earn profit.

Eth 2.0 stake is not expected to lose. Eth price is increasing day by day. And transaction fees have been reduced. As a result, many new projects will use eth blockchain. Eth 2.0 is likely to get a good reward at the end of the year.

It's not worth for me personally consider the staking coin can be unlocked when ethereum update 1.5 already implemented. our ethereum will be getting locked for almost a year from now.

I think that there's not staking provider that will help to mitigating the risk. When someone deposited his ethereum to the staking deposit contract and he deals with all of the agreements.
The surge that happens with the price of ethereum pegged with bitcoin. When bitcoin dump and you will lose your money.

You should be vigilant, more third party providers will most likely end up as scam, if you must stake/delegate your Ether, do it in reputable exchanges and not some platform that can exit scam any time and day.
Since the stake coins will be available until 2022, I hope you are prepared for what ever the volatility that comes into the market, it's always in circle and I believe bear cycle is coming soon.

Staking is one of the best feature added in blockchain. It is far safe than investing in exchange sites because it is protected by smart contract. If you participated in ETH 2.0 staking then you should earn profits by earning ETH thru staking.

Staking is not that worth it I think. Only those who have a significant amount can profit from it. Even 1 ETH wouldn't cut it because you wouldn't be able to stake at all, you'll need a pool which is not safe. It's better to stake in other coins that have better ROI than ETH.

If you are planning to hodl Ethereum then it is very much worth it, especially if you are planning to do it on a long term basis. Rather than just keeping it and expecting no growth in its amount after a long period of time, you better stake it.

Staking is a good option because your Ethereum will not just sleep unproductively. Aside from the profit from your staked Ethereum, you are also helping with the network's security.

You just have to be careful in choosing where to stake your Ethereum. I heard Binance is supporting ETH 2.0 staking.

There's some people called bag holder who gonna keep their crypto for a long time. This staking is maybe targeted at them who don't have any problem with staking for long period of time.
So when they are waiting for the price to go up, there's nothing wrong with staking it. Gonna get dem profits I guess.

I had to check and they are way higher then i thought. I was sure that we might see 5% yearly rewards or something. Those numbers look kinda cool now. How long i need to lock my eth for if i decide to stake it?

Those 32 ETH for staking will earn you long-term interest, but not like the corporations that will have the best staking. Since the more ETH they are staking, there is more profit for them.

I recommend you better diversify your investment in different projects. ETH is still too young to make you earn what you want...

APR is falling very bad. It was supposed to be at least 20% and now that stacked quantity is more than 1m, it is reduced to 15%. Looking at the current numbers of ETH being stacked, I don't think it will remain profitable and it won't worth your effort of maintaining your node alive or even locking your fund for two years. If you are considering 5-7% per anum is a profit, it is not. Indian banks generally provide 6-7% on FD. It used to be 9% before 3-4 years ago.

I read the information that 32 ethereum in staking will be blocked for two years at 15 percent per annum.  However, the problem is that in this case you need to use a personal computer of a certain capacity, which must be connected to the Internet around the clock, otherwise penalties will be imposed.  Existing technical requirements and requirements to be constantly connected to the Internet limit our staking opportunities.

As I know you will get 4.6% to 10.3% as rewards for staking on an annual basis. Also, you need to be online to be a validator or you will get penalties. Many people won't be able to do that and many don't want to because it will be locked for 1 year. So I think 3rd party staking provider will be much more appealing and many people will use those platforms for staking their ETH.

Binance is offering staking for it.

https://www.binance.com/en/eth2

https://www.binance.com/en/blog/421499824684901302/Binance-Supports-ETH-20-Staking

But before getting into it, read first the conditions that they are setting for your Ethereum deposits. The rewards may look promising because they are saying that you can earn "up to" 20% APY. Mind that "up to" is just an assumption but it may or may not go as high as that.

Of course it will be illiquid because it is staking. No need for a third party staking provider, it will just complicate things in an already complicated process. At this point? we can't really say if it's worth it because the initial capital is too big, at least for me. And only those who can afford it can make money in the beginning, that is if the business model can really pay you out, so let's see how it goes.

Third parties provide advantages and disadvantages to those who are interested to stake ETH.

But if your concern is the huge starting amount of ETH to be able to participate in the staking, third parties will really be an advantage. On your own, you need 32 ETH to become a validator. But participating in the likes of Binance Staking, you only need to have at least 0.0001 ETH to join and earn profit and additional rewards.

Actually I'm thinking about it but we're not sure what would be the result of it either pull the price down or up. 32eth is quite big figures and lots of money. But good thing there are platforms that help users to stake their eth in a lower fractions. However that's also a long time of illiquid. For me its kinda hard to bet on that especially the release will be 2021. Who knows if eth is worth 1k above or go back to its lower record. Maybe gonna stake some that I can afford and not needed.

Looking at how the bitcoin is still in Bullish, I think its worth it.
But it will be very depends on the person, for me personally I prefer staking rather than trading since I dont have the time to watch the chart all day. But, considering the staking duration which could take up to 1 year, I think I would need to think several times.

As long as you use idle funds to buy the ether, it will not be a big problem.

I don't know if that is worth it or not, but I will wait for more info about that because staking on ETH 2.0 is a new thing in that project. There will be something more after the update, so we can see what next that the team will do to the project. If I am not mistaken, the amount to staking is 32 ETH, but I am not sure about that. If that so, I think I don't want to stake ethereum because I don't have that such amount. I prefer to trade my ethereum to have more balance on ethereum.

If you have 32 ETH you can stake your coins, if not find people whom you can trust and accumulate the coins which i think many are doing as i have seen certain groups staking the coins from multiple investors, it has its risk and sure the coins will be stuck.

The annual reward for staking is 15.72% with 180 days lock up period which means monthly you might get around 0.4 ETH

I have heard of some exchanges providing eth2 staking services to their users. One of the such exchanges is Binance: https://www.binance.com/en/support/announcement/a640a714e067433abae871f6b621836f

However, it doesn't solve the problem of the staked eth being illiquid for a long period of time according to this section:


The benefit of using exchanges like Binance or Coinbase to stake is that they take care of all operational costs and penalties if any. The long staking period seems to be from eth2 itself to ensure the network is kept live till Beacon chain goes life sometime in 2022.

Not bad eth 2.0 staking. Eth price is constantly rising. When bitcoin price pumps, so does eth pump. Eth has a much larger market cap than many large companies today. For example, Ethereum's market cap surpasses GM, CME, and tech stocks. Ether price has rallied 322% year-to-date and its $67 billion market cap now surpasses General Motors and CME Group. So the future of eth seems very bright.

I've done some research as per the articles that I read the annual return is around 8%-16% for validator itself you will not be able to withdraw your Ethereum until the Phase 2 which is 2 years but some pool providers allows their investors to withdraw it by implementing ERC-20 tokens that can be sold as 1:1 to Ethereum.

You have a point I think what really good in staking is that you will have a guaranteed profit it's an annual income but I think if you are a good trader you would be able to get 20% in just a week or month but it is risky to trade your coins.

If you can't trade, staking is a great way to make money. Moreover, staking on ETH 2.0 is worth a try,
and the price of Ethereum continues to rise, this will greatly benefit. Most importantly choosing good platforms,
so you can stake safely. I myself prefer trading over staking, because in my opinion, with the same capital,
by trading can generate bigger profits.

ETH 2.0 is not launched at all, this is phase 0 and we are nearly a year away from actually staking with ETH, this misinformation needs to be fixed. People can talk about how much 2.0 will profit them and what the staking will be like or whatever they want about ETH 2.0 whenever they want and wherever they want.

However this is not it, you guys need to be well informed before going into this or you are going to be very upset over the fact that your money will be locked for a very long time. We are at a stage where we are in phase 0 right now where we are moving towards the inevitable 2.0 that has been approved, loved and expected by thousands if not millions of people, however we are not there yet and some people thinking what just happened was 2.0 is the proof that people are misinformed.

If I am not mistaken, Binance offers up to 20% annual profit. And they are also offering BETH in place of your Ethereum which is locked out for staking. BETH is a wrapped token based on Ethereum 1:1. So even if you have no access to your staked ETH you still have the opportunity to trade as if your ETH is still in your position because your BETH is also tradable on their platform.

Yeah, but with that small amount=small rewards as well so I don't know if it will be satisfying to join the Binance staking, but as well do your trade as average joe's and squeezing some profit in a week or two and earn more than 0.0001 ETH. And as pointed out by @FanEagle, your money will be lock for a long time.

The annual return is just numbers for now, as we haven't fully grasp how big or small it will really be.

8%-16% is still good annual earnings especially if the ETH price will be mooning as well and it's likely going this way too since bullrun season as they say. It must be worth toe have 32ETH. This is optional anyway but I wouldn't recommend your tokens get locked for a long period of time. If you have experienced just any other staking tokens, it doesn't take months to unstake and send out your coins.

stalking is more suitable for holders of long-term investments while waiting for the price to rise, you can bet too. but the risk is that if the price goes down you can lose, but in my opinion it is not bad. After all, ethereum is also the top coin and its price always moves significantly. I believe Ethereum has great potential for the long term.

Hello note that it's not for the person who isn't eligible to hold ethereum for years. Getting 10% per year staking plan is huge & awesome. It's real move for Ethereum team. I don't think you will lose funds in usd value.

But I don't think its profitable for me since i don't have this amount of Eth currently. But I am thinking to contribute third-party Ethereum pool.  It's bullish trend coin so it's worth to invest & stake for the future.

ETH upgrades their security, scalability, and sustainability. And the upgraded ETH is Called ETH2.0. That's why lots of people staking the coin for more profit. So, if you wish to earn more, you should be staking a long time in ETH 2.0. Because ETH 2.0 use upgrading smart contact. You can be staking or be holding ETH 2.0 Monthly or yearly.

When the fundraising for ETH 2.0 took place, it was not clear what this would lead to, many refused, thinking that the value of ETH would fall and then investors would be left with nothing at all, since the tokens would be locked. Now, I think, many have already realized that they did the right thing by investing in staking. By the end of the year, it became obvious that the value of ETH would approach $ 1000 next year, or even exceed this threshold.

Instead of stacking, once can also make good profits by selling high buying low. On the other hand, ETH will be locked for more than 2 years.

You will definitely face such a problem when selling expensive, the price will become even higher and you will not be able to buy back cheap. You can't be guaranteed to make a profit this way. Trading theoretically gives more profit than holding, but in practice this happens quite rarely.

I think it's like that too, because currently the price of ethereum is also expensive so when compared to other altcoins it is better to stake in altcoins besides ethereum,
yes I appreciate that the Ethereum 2.0 staking makes Ethereum strong in terms of price, and this makes Ethereum's bullish continue.

Ethereum 2.0 has created a lot of opportunities for some people and I think Ethereum itself is not deriving the value it was anticipated is going to gain, all these new tokens being launched and pegged to Ether price are sucking value away from it, and I believe exchanges are going to take advantage of this because they are set up to make money above any other thing.

The benefits of staking ETH for you would be to stake it, thats as simple as it gets and nothing really that major. Normally who makes money from new ETH minted? The miners, and you need rigs and machines to become a miner, it would require a hefty investment to do that. Who will make ETH with this new 2.0 version? Everyone who holds 32+ ETH will make money from it instead.

So, your profit from this would be to not care about machines and equipment and bills and many other things and basically start mining ethereum without any problem, just own 32 of them and you are ready to go. Plus ETH is a trusted project, second in rank, king of altcoins and all that which means ETH is a good coin to invest as well, not only you will make from your staking, but ETH will probably go up in price as well, which means you will earn money from both of them at the same time.

Of course it is a prediction that we might expect, if it doesn't happen and the price goes down, will it also go down according to the current price. If there is an increase in accordance with what you say, of course there will be no problem. frankly, I myself do not understand what is possible that we will get.

means that there will be two criteria that will equal, namely;
1. deposits
if the price drops anyway, the funds we save will remain the same as when we save them and we get the interest.
2. stock exchange.
if the stock price falls, we will receive a loss, but if it increases, we will get additional value.

whether staking is between the two, obviously I am still confused about staking, because the current value of 32eth is certainly a large value.

Pool staking like Binance ETH 2.0 staking is a very good option for people who are not sure about running a full node or don't have enough money to have one. Binance claims to provide 100% of on-chain staking income to the investors of the pool while it bears the risk for penalty and forfeiture. That means it would be even more profitable than running your own staking.

Launching the Staking feature on ETH 2.0 is just a massive step. It will make the early adopters of Ethereum very happy, imagine that Ethereum raises from 700 to 2000$ per coin? That's going to make them earn alot. It's only convenient to the whales i think more than the usual Ethereum miners, the POS staking will enable them to stake their coins and grab some profits just for hodling them.

It will bring more benefits to  those whales as they have enough funds to participate without any issue, this staking feature is a good opportunities

for holders who have a long term goals from their investment, they can allow their money to work for them, just learn how to work things out and

start looking for this big opportunities.

I think eth will increase in price in the future
So staking will be profitable for long term
So I think staking on early stages will be more profitable than entering in late stages

ETH 2.0 is a long awaited tech around the space and many people really can't wait for it to be fully launched. Slashing during staking on ETH 2.0 happens when three operations happen, surround voting, double target vote and double proposal. But I guess StaFi has a feasible solution to offer: https://medium.com/stafi/stafi-reths-solution-to-the-slash-of-eth-ae44e3767fb0

Yeah, it is kind of locked staking and the time period is also not obvious so i will suggest to stake eth to only longterm holders who can afford to lock their eth for 2 or more years and as far as platform is concerned i think binance is good due to its stable outlook and good reputation in the market.

Yeah, I think that too. I consider staking the other altcoins, which has a low price than ethereum. But what makes me think about the altcoin, I do not found a good altcoin to stake. It makes me confused to select the altcoins. I already try to stake minex in the past, and that gives me a big profit, but now, minex is not good anymore.

I am just thinking about how long we can ROI from the staking of ETH because I do not want to stake ETH for, let say, 2 years from now to get ROI. I prefer to use 32 ETH to trade, which can give me a profit, although not much. Even if the ethereum price can increase so high, let say rise to $2k, we need to wait for that time to get our ethereum back to us with the profit.

You're right but bull run won't be continuous. At one point of time, if you cleared your position wisely, you will definitely buy back with lower than your last sold value. On the other hand, stacking is not just easy. Maintaining is hard part and stacking through third-party services holds higher risks than utilizing this strategy.

I agree that any upward movement is bound to have a correction. But this does not mean that the market will allow you to buy a coin cheaper than the price at which you sold it. Those who sold bitcoin for 10-12 thousand dollars hoped to buy BTC for 7-8 thousand, but I doubt that we will see such a price in the near future.

Ok, we know that this is a major step forward in the development of the Ethereum ecosystem and that this consensus will add power to its network. However, the increase in market value can be relative in relation to development and many think that we are at a great increase but in my opinion it's only a market increase due to the adhesion of large institutions and I'm not sure if we are in a true market of Bull. On the other hand, I believe in Vitalik's ideas and Eth 2 is appreciated by many.

ETH 2.0 staking is not as carefree as you described it. There is a prerequisite for validators to install software that must be constantly online. Only in this case, you will receive a profit from the placed ethereum. Otherwise, you will be fined. In this case, it will be safe to place ether on the ETH2.0 staking, which offers Binance, since this requirement is not present here. https://www.binance.com/en/blog/421499824684901302/Binance-Supports-ETH-20-Staking

In a couple of days another major development of the ETH2.0 will be integrated.
But you seems not to understand that the market is already in bull although the altcoins market maybe somehow left behind because the bullish is not totally locked in. However, the major venue the bull market usually creates is an increase in traffic (which adhesion of large institutions is part of it) and price.


The market is full of possibilities though we dont know what the bottom price will be but despite the strong demand in the Bitcoin which seems to make it impossible for the market to experience a big dump in price I think there's a chance to buy Bitcoin back within the $7-12 thousand in the future when market blood bath happen.

Eth staking is very popular already but i do not get that why the staking rewards are decreasing with increase in number of eth staked, I think below 10% annual returns the staking and locking will not remain attractive because defi and other options are there so the eth developers and decision makers need to think about it.