ETH 2.0 Staking for Everyone! Starting with as Low as 0.1 ETH
More than 524,288 ETH has already been deposited into the ETH 2.0 deposit contract, which means that ETH 2.0 will officially start staking on December 1st as planned. The returns on ETH 2.0 staking are attractive. With a staking volume of 1,000,000 ETH, the APY can reach 18.10%. At the same time, as the price of ETH increases, the income will be higher.
ETH Stake — Income
Source: https://github.com/ethereum/eth2.0-specs/pull/971
High returns also bring high risks. It is not a simple matter for regular users to become an ETH 2.0 validator. First of all, to build an ETH 2.0 node, the operator must have a technical background and the capacity to provide hardware and software support. In addition, the minimum stake to become a node, 32 ETHs, will also discourage a large number of retail investors. If you sort all these out and finally become an ETH 2.0 validator, this does not mean you can sit back and relax while earning money. You will also face the following problems:
Long stake time, lack of flexibility
The transfer function will be launched when ETH 2.0 enters Phase 2. Have in mind that, after the Beacon Chain launches the testnet in phase 0, it will take 12–18 months of development time to reach Phase 1. Therefore, the 32 ETH or more you deposit will be locked for at least 1–2 years. During this time, you may miss many other opportunities in the market. What’s more, if there is a huge dump and the staked ETH cannot be withdrawn in time to stop the loss, you may suffer huge losses.
Staking rewards are uncertain and are affected by price fluctuations
With an unstable market and a stake time of at least 1–2 years, we may face a situation in which the rewards cannot make up for the loss caused by the price fluctuations.
Penalties
Since the ETH 2.0 validators must be 24/7 online, if a node failure fails to be repaired in time, you will face ETH 2.0 system penalties, which may lead to the risk of loss of capital.
ETH 2.0 for Everyone
In conclusion, there are high thresholds for individuals to become ETH 2.0 validators and run nodes independently. In order to solve these problems, allow more users to participate in Eth 2.0, lower the threshold, reduce risks, and share profits, TokenPocket launched the Eth 2.0 Staking Vault service.
With the ETH 2.0 Staking Vault, the user deposits ETH to TokenPocket, and TokenPocket operates the ETH 2.0 node on behalf of the user. TokenPocket will charge the user a certain percentage from the rewards, but also bears part of the risks, so the two achieve a win-win situation.
ETH 2.0 Staking Vault advantages:
1. Low threshold
Users can participate with a minimum investment of 0.1 ETH, and do not need to invest in hardware and energy to operate the node to enjoy the benefits.
2. Flexible exit
Users will not need to face a 1–2 years lock-up, and can withdraw at any time. TokenPocket wallet will help you withdraw and you will be able to flexibly recoup your stake + corresponding rewards when you withdraw.
3. The platform bears the penalties
TokenPocket will take full responsibility for the slash (node penalty) caused by improper operation of the node and users need not worry.
Note: The slash(s) caused by the official ETH 2.0 node running client or official ETH 2.0 contract bug(s) ARE NOT within the scope of responsibility of TokenPocket.
Since the launch of TokenPocket in 2018, TokenPocket has had 0 security issues and continue to provide users with more convenient, powerful, and reliable services, and has earned the trust of users with it. Choose the TokenPocket ETH 2.0 Staking Vault today and don’t worry about the security of your stake anymore.
There are two days left before the ETH 2.0 Staking Vault goes live. The Staking Vault will be officially launched on November 30, and the custodial staking service will be officially launched on December 5. We expect users to receive the first staking rewards on time at 12:00 on December 6.
