Navigation
- ETH 2.0 Staking Guide To MAXIMIZE Your $ETH Stack!!
- Passive enrichment on ETH 2.0
- At the beginning of the path
- Disclaimer
- Similar articles
- Similar articles
ETH 2.0 Staking Guide To MAXIMIZE Your $ETH Stack!!

ETH 2.0 deposit contract accumulated 2% of all ether
CONTENT
-
ETH deposited on the ETH 2.0 smart contract already accounts for 2% of the ether turnover
-
Staking ROI is still poor
-
ETH continues to follow a bullish scenario
International consortium of news organizations developing transparency standards.
The Ethereum 2.0 deposit smart contract already has more than 2 million ETH on its balance, which is almost $ 3 billion

The volume of deposit funds on the balance of the Ethereum 2.0 smart contract exceeded 2.2 million ETH (~ $ 2.7 billion at the current exchange rate). Thus, 2% of all ETH tokens in circulation are placed on the deposit contract.
Join our telegram channel to keep abreast of the main trends in the crypto market.
Source: twitter.com
The number of placed assets has already exceeded the bar necessary for the operation of the contract by four times. In total, 48.4 thousand deposits have been made since the launch of the contract.
Passive enrichment on ETH 2.0

The growth of deposit funds is taking place against the backdrop of a bullish rally in the ether cryptocurrency, which has risen in price by more than 60% over the week. At the time of this writing, the ETH / USDT rate is $ 1195.
Source: tradingview.com
Recall that having collected the required amount of assets on the ETH 2.0 deposit contract, on December 1, Ethereum developers officially launched the Beacon Chain network. To become a full-fledged validator of the ETH 2.0 network, the user must deposit 32 ETH (~ $ 38 thousand) to the smart contract. At the same time, the annual return on staking at the time of writing is 11.33% per annum (~ 3.6 ETH per year).
Learn how to trade in the cryptocurrency market with BeInCrypto partner – the StormGain cryptocurrency exchange
However, users with lower ETH balances can also participate in staking if they join the staker pool..
At the beginning of the path
The BeInCrypto editors have already reported that by the end of the second phase (the date of which has not yet been determined), all transactions in Ethereum 2.0 will be carried out exclusively using shards (autonomous blockchains). As part of the transition between the first and second phases, the Ethereum mainnet will abandon the Proof-of-Work (PoW) algorithm in favor of Proof-of-Stake (PoS).
It is also worth noting that despite the record growth, the fundamental factors that can determine the confident growth of Ethereum have not yet fully declared themselves. According to the indicator of the ratio of market value of ether to actual (MVRV), the cryptocurrency is still at extremely low levels since the beginning of 2018.

What do you think? Share your thoughts with us in the comments and join the discussion in our Telegram channel.
Disclaimer
All information contained on our website is published in good faith and objectivity, and for informational purposes only. The reader is solely responsible for any actions he takes based on the information received on our website..
Share Article
Similar articles
-
Ethereum 2.0 deposit contract is almost 50% full
Ethereum 2.0 deposit contract is almost 50% full CONTENTS Validators have already contributed 238,240 out of 524,288 ETH There are only two days left before the deadline Course…
-
Ether profitability exceeded bitcoin profitability three times
The profitability of ether has exceeded the profitability of bitcoin three times. CONTENTS Ether has surpassed bitcoin in terms of return on investment profitability for a month now. Blockchain network…
-
Ethereum is ready to upgrade ETH 2.0 by only 18%
Ethereum is ready to update ETH 2.0 by only 18% CONTENTS The fate of the long-awaited Ethereum 2.0 protocol is now in the hands of users. At this…
-
Crypto community is outraged by rising fees for bitcoin and ether
The crypto community is outraged by the rise in Bitcoin and Ether fees. CONTENT Cryptocurrency fees have skyrocketed to annual highs. If the problem is not resolved…
-
Annual amount of online commissions…
Annual fees on the Ethereum network bypassed bitcoin CONTENT Ethereum surpassed bitcoin for the first time in terms of fees paid for transactions in…
Similar articles
-
Ethereum 2.0 deposit contract is almost 50% full
Ethereum 2.0 deposit contract is almost 50% full CONTENTS Validators have already contributed 238,240 out of 524,288 ETH There are only two days left before the deadline Course…
-
Ether profitability exceeded bitcoin profitability three times
The profitability of ether has exceeded the profitability of bitcoin three times. CONTENTS Ether has surpassed bitcoin in terms of return on investment profitability for a month now. Blockchain network…
-
Crypto community is outraged by rising fees for bitcoin and ether
The crypto community is outraged by the rise in Bitcoin and Ether fees. CONTENT Cryptocurrency fees have skyrocketed to annual highs. If the problem is not resolved…
-
Ethereum is ready to upgrade ETH 2.0 by only 18%
Ethereum is ready to update ETH 2.0 by only 18% CONTENTS The fate of the long-awaited Ethereum 2.0 protocol is now in the hands of users. At this…
-
ETH volumes in smart contracts have exceeded the reserves of crypto exchanges
The volumes of ETH in smart contracts exceeded the reserves of crypto exchanges CONTENTS The volumes of ETH in smart contracts overtook the reserves of crypto exchanges by $ 1 billion A special role in…