Have you considered staking?

[shanhaigamefi]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

[FinneysTrueVision]

You might want to move this thread to the Altcoin Discussion section.

I do not own any Ethereum at the moment. The expected APR from staking is not attractive enough in and of itself but I believe there are other ways to earn yield by staking with certain pools like Lido or centralized custodians such as those part of the Liquid Collective. Anything custodial and requiring KYC is out of the question and not worth considering for me.

Liquid staked ethereum is kind of an oxymoron, those tokens are not real ethereum, but only an IOU representing your stake. There are of course some risks with using your staked ETH tokens in DeFi, but it’s an enticing approach that can yield significant rewards.

[tabas]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I have considered staking but typically only for the POS coins like Ethereum. But if it's being offered by the exchange, I don't get to hold the private keys and that's one risk and the twist is that they're going to have more APY. The APY of it changes and that 3.3% could be lesser soon because the more stakers are there, the lesser APY that they're going to provide to everybody. While for the higher APYs and the others are too exaggerated, they're more risk compared to these low APYs.

[oktana]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I’d rather just hold than stake it. I wouldn’t want to wake and hear that some platform got hacked and my money is gone. There’s no APY that’s more than the APY that volatility gives you. And if you’re not the one who has control of your Ethereum, you may not get to enjoy the price increase not to mention the 3.3%!

[Text]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

https://ethereum.org

Is that the official website you're referring to where you saw information about staking with a 3.3% APY?

The interest rate you can earn will vary depending on the platform you use.

Remember the security risks, staking involves locking up your cryptocurrency for some time. This means that you will not be able to access it during that time. There is also the risk of hacking or other security breaches.

[X-ray]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

True and it was coming from ethereum POS, you can deposite any amounts of eth and your eth will be staked with ethereum from others to reach 32 eth and it will be used to run the validator in ethereum POS. That interest totally make sense and if you are willing to get greater interest and you shall go to the another token.

There have been many tokens were offering greater interest rate rather than ethereum but think about the price's sutainability. FYI, stable tokens offered more than it, i have staked my stable token on the blast network and got 15% APY for my holding.

[Churchillvv]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I have been hearing of staking in Ethereum and some other top altcoins, but I haven't considered it for some reasons. The ROI is quite understandable, but it's still low for me, and that's also a good reason I can't stake in Ethereum. Instead, I would rather wager with the said funds than risk the funds on a centralised platform and/or exchange that might crash one day. Although life is all about risk, not all risk is worth taking. 
 
I saw this decentralised platform called LIDO, and I would have loved to give it a shot because it has a solution of 3.8% APY on staking ETH, but I still don't find it interesting enough to pyt some of it, and perhaps I'm so tight on my schedule. So there are absolutely no funds for wagering on such a thing for now. 

[deathcode]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

staking will only be interesting for those who have long-term holding plans. even though the interest is small they can profit from the increase in prices that occur in assets. Therefore, it is important when staking to pay attention to the assets chosen and the platform where you are staking.
some who are impatient will definitely prefer to trade their assets rather than staking with small profits and a very long time.

[Dailyscript]

Currently i do not own any ethereum and i cant because the fees in the network are high compared to that of Bitcoin and other network. Even If i consider to stake my ethereum for a year the interest is low. If the interest is up to 7% per annum then i think i can be willing to stake.

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

staking will only be interesting for those who have long-term holding plans. even though the interest is small they can profit from the increase in prices that occur in assets. Therefore, it is important when staking to pay attention to the assets chosen and the platform where you are staking.
some who are impatient will definitely prefer to trade their assets rather than staking with small profits and a very long time.

It depend on the coin your are holding. If is Ethereum then yeah you have to stake it for long term. Giving it another thought, staking is for those who have diversified portfolio. If i have $1000 i cant put all my money in Ethereum. It is good for investors who have so many coins that have been accumulated in their portfolio so they choose to stake some for a long time. While they keep some which they will be trading or using for other things.

[electronicash]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

staking will only be interesting for those who have long-term holding plans. even though the interest is small they can profit from the increase in prices that occur in assets. Therefore, it is important when staking to pay attention to the assets chosen and the platform where you are staking.
some who are impatient will definitely prefer to trade their assets rather than staking with small profits and a very long time.

that's what a long-term holder i guess should do. however, it's important to know that if staking means you are going to send your ETH to a platform, then it's just one way of saying goodbye to your ETH.

its important to know how trustworthy the platform. and this is why most investors will probably trade or hold the tokens inside their wallets.
as for me, because i have much trust in Binance, i wll pick them if i ever want to stake.

[Belarge]

that's what a long-term holder i guess should do. however, it's important to know that if staking means you are going to send your ETH to a platform, then it's just one way of saying goodbye to your ETH.

its important to know how trustworthy the platform. and this is why most investors will probably trade or hold the tokens inside their wallets.
as for me, because i have much trust in Binance, i wll pick them if i ever want to stake.

Binance doesn't longer work in most of these African countries and we will be looking at Nigeria to start with, the government issued a ban on this particular exchange for relevant reasons known to them. Investors are not willing to take their chances other for most of them to follow procedure, they become desperate to make profit and leading them to take risks. We have crypto projects that makes the most significant results for us, just abide by the rules and one will easily spot out the easy path to generating profits.

[bettercrypto]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I used to do that because the APY percentage was high; I didn't mention the Dex platform I was talking about. That's why I got stuck because its APY has gone down.

That's why it happened that I've already filled out, but if what you're going to do is long-term holdings, I think it's a good thing to do, because that's what I do so that at least while I'm waiting, I still have passive coins in the holdings.

[Reatim]

Of course I have since staking crypto will be a good source of passive income however I still have a few things I need to have that I currently do not. One would be a hardcore computer. We need a computer to carry out the tasks of course. Another thing to consider is that you need to stake a lot in order to be chosen to validate one transaction.

[electronicash]

that's what a long-term holder i guess should do. however, it's important to know that if staking means you are going to send your ETH to a platform, then it's just one way of saying goodbye to your ETH.

its important to know how trustworthy the platform. and this is why most investors will probably trade or hold the tokens inside their wallets.
as for me, because i have much trust in Binance, i wll pick them if i ever want to stake.

Binance doesn't longer work in most of these African countries and we will be looking at Nigeria to start with, the government issued a ban on this particular exchange for relevant reasons known to them. Investors are not willing to take their chances other for most of them to follow procedure, they become desperate to make profit and leading them to take risks. We have crypto projects that makes the most significant results for us, just abide by the rules and one will easily spot out the easy path to generating profits.

i guess no staking for you unless you wanna gamble your ETH to those staking pools and send your ETH to them. if you are not into staking then there are lots of options still. either you just hold your ETH or keep training after all finance is not just the only exchange there is. 

i think i saw a thread about users who stake their ETH through the Trust wallet. you know TRust Wallet is still owned by Binance right? but i couldn't be sure.

or you can find other altcoins that you can also stake to make a profit by holding for a long time.

[pawanjain]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I wanted to stake ETH but the requirement is so huge that I dropped out of the plan.
3.3% is definitely very low but if you consider the annual growth of ETH then the cumulative growth including staking profits would be great.
But anyway, we cannot stake it if we have less than 32 ETH. I know there are other options like staking on binance, lending etc...
But all those options are not worth the risk for long term.

[kentrolla]

I have tried staking but it didn't work and the APY is too less and the worst part is you never know when the price of the coins will fall leaving you with more loss than expected profits. I have tried it multiple times and my experience was terrible except one time when I staked BNB and there were lot of projects launched in Binance which gave good returns as it pumped value of BNB.

Staking is a big no for me.

[Sophokles]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

Its still better than what the bank can offer because of the upside potential of ETH price growth. Staker will not only get 3.3% of APR but the price of ETH will also grow exponentially in the bull run. So overall profit from investing in ETH will be 100 times better than what the bank will offer. Your stable money will be sitting in the bank when inflation eats up your profit. Another points to think about is the possible ecosystem airdrop for staking. Its free money so more opportunity for passive income.

[Ojima-ojo]

I personally have not started staking for whatever reasons and but I have read a lot about staking and how it can offers some passive income and also guaranteed percentage payment that give you an intrinsic interest at the end of the staking era.


Also a friend of mine also talked to me about it and I may consider giving it a try in the coming days after the bull season, because right now, the volatility in the market could affect you Ethereum staked, I choose Ethereum due to it popularity and availability of staking feature on the electron wallet.

[LogitechMouse]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

If you investing into Ethereum just because of staking, it isn't a good option because there are many altcoins that gives more APR.
Solana gives 7%, same with Aptos. Celestia gives 14%, Polkadot and Dymension gives 11%. The list goes on, and on, and on.

Now if you want to buy Ethereum for the long term, it's one of the best altcoins to hold that's for sure. I don't need to explain it furthermore, but the fact that it's the top altcoin in terms of market cap makes it one of the best coins to hold for long run.

Re: Have you considered staking?

I've been doing it for a long time, and I've got some profits just by holding some staking coins already. I mean it's another way of earning passive income, and who doesn't want to earn just by basically holding the coin?  It's free money. Of course, there are some risks into it such as impermanent loss but as long as you believe in the project then it doesn't matter.

[Yaunfitda]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I’d rather just hold than stake it. I wouldn’t want to wake and hear that some platform got hacked and my money is gone. There’s no APY that’s more than the APY that volatility gives you. And if you’re not the one who has control of your Ethereum, you may not get to enjoy the price increase not to mention the 3.3%!

There are advantage of being a staker, but it will entails you to invest huge amount of ETH (32 ETH) in which ordinary crypto enthusiast can't and so we just buy with all amounts and be a holder. But there could be whale that is willing to stakes it and have the 3.3% returns as a passive income. Of course, there is always that risk involved not just the hack itself, but if you unfortunately lost your private keys, then your stake funds are gone. And there is one issue open up by one,


https://twitter.com/iamDCinvestor/status/1749410364666606075

And there could others too having issues with staking.