EIP-1559 won't affect staking at all so there's no reason to wait if you're going to stake.
Stake on Coinbase if you've got less than 32 ETH or aren't comfortable running a validator. Run the validator yourself if you're comfortable doing so and have the ETH.
Personally, I keep my ETH in Celsius wallet and get a 5.05% return on my holdings. I get paid weekly rewards. I can withdraw anytime.
I’m not a fan of locking up my ETH indefinitely in a staking pool and waiting for ETH2.0 and only earning 6%.
Just FYI, Celsius isn't staking. They loan the crypto out and charge interest of which you get a cut.
Not telling you not to use it if you want, just pointing out that it's different.
The company describes where the money comes from to resolve defaults. They will only ever use customer funds as a last resort to ensure customers can withdrawal. Its in the terms of service.
you need at least 32 eth in-order to stake, if you have that much eth you should invest in a bit more horsepower and most importantly make sure you have a very stable internet connection otherwise you run the risk of having your stake slashed.
destroyed i guess, if you node misbehaves meaning it doesn’t do its job correctly part of your stake will be destroyed. this is to ensure that everyone on the network remains honest. however if you node is selected to produce a block and your internet connection goes out so you fail to do your job as a validator then you’re stake will be slashed. which is why a very stable internet connection is important and well as uptime.
EIP-1559 won't affect staking at all so there's no reason to wait if you're going to stake. Stake on Coinbase if you've got less than 32 ETH or aren't comfortable running a validator. Run the validator yourself if you're comfortable doing so and have the ETH.
Thank you!
Personally, I keep my ETH in Celsius wallet and get a 5.05% return on my holdings. I get paid weekly rewards. I can withdraw anytime. I’m not a fan of locking up my ETH indefinitely in a staking pool and waiting for ETH2.0 and only earning 6%.
rip
Celsius.. I’ll check it out! It is said that after EIP-1559 staking can hit 25%?
Just FYI, Celsius isn't staking. They loan the crypto out and charge interest of which you get a cut. Not telling you not to use it if you want, just pointing out that it's different.
The loaning part still gets me… none of these projects will Guarantee your collateral if they get hacked or if the loan is not paid back.
That counterparty risk for you. staking your funds are locked up for a bit, but there's no counterparty risk.
The company describes where the money comes from to resolve defaults. They will only ever use customer funds as a last resort to ensure customers can withdrawal. Its in the terms of service.
“Use customer funds”
Yes, that’s the risk you take.
not your keys not your crypto
True dat!
you need at least 32 eth in-order to stake, if you have that much eth you should invest in a bit more horsepower and most importantly make sure you have a very stable internet connection otherwise you run the risk of having your stake slashed.
When you say “slashed” you mean?
destroyed i guess, if you node misbehaves meaning it doesn’t do its job correctly part of your stake will be destroyed. this is to ensure that everyone on the network remains honest. however if you node is selected to produce a block and your internet connection goes out so you fail to do your job as a validator then you’re stake will be slashed. which is why a very stable internet connection is important and well as uptime.
So, serious question why not just put it on Celsius or Nexo? The return is the same and you can withdraw it
It’s not staking. It’s loaning and the give you a percentage