4 ms·
There are multiple liquid ETH staking pools where you deposit your ETH and get their token in return. You don't even need the full 32. https://ethereum.org/en/
by latchkey 4y ago
There are multiple liquid ETH staking pools where you deposit your ETH and get their token in return. You don't even need the full 32.
https://ethereum.org/en/staking/pools/ https://ethereum.org/en/staking/pools/
These tokens have also been trading at discounts to ETH if you want to just buy and hold the token, which should eventually reach parity to ETH. That can also be an additional gain, but incurs additional risk.
- dragontamer 4y ago> which should eventually reach parity to ETH You're ignoring the issue here. When I'm talking Fed Rate, its _OVERNIGHT LENDING_. Its not "eventually reach parity with dollar", its "this will turn into a real dollar tomorrow". Its a loan that is as safe as you can possibly get. You're trying to compare Ethereum staking with the Fed's overnight lending. The risk/reward structures at play here are completely different. The Fed Rate is the shortest, and safest, loan in the entire marketplace. Ethereum staking is kinda similar in some respects (as a yield granted by the "Ethereum system" itself, its kinda sorta like a central bank rate), but it... really isn't. Because it has an ill-specified withdrawal time.
- latchkey 4y ago> You're trying to compare Ethereum staking with the Fed's overnight lending. I don't know how you're drawing that conclusion from my comment. I am responding to your comment about coinbase and suggesting that they aren't the only product on the market. I also wanted to point out the fact that there are other actually liquid solutions to eth staking. The coinbase product is more like staking as a service, but centralized, and not recommended. https://ethereum.org/en/staking/#how-to-stake-your-eth https://ethereum.org/en/staking/#how-to-stake-your-eth