Hackernoon logoHow To Stake ETH 2.0 Without Running a Node and 32 ETH by@sergey-baloyan

How To Stake ETH 2.0 Without Running a Node and 32 ETH

Staking in ETH 2.0 is blocking ETH in a smart contract to participate in the network as a validator and receive a reward for confirming blocks. Staking became possible after the launch of a new version of the network on the Proof-of-Stake (PoS) consensus algorithm. To become an ETH validator, you need to block at least 32 ETH for staking which is quite a lot for an average crypto investor. The more ETH is staked, the lower the APY will be. An average investor would stake at least 0.5 of ETH equal to roughly $1,150 as of today.
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Sergey Baloyan

Entrepreneur, X10.Agency Founder | DeFi/STO/IEO marketing and launch | Worked with 50+ projects

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