ETH Merge: Impact to Stakers and Staked’s Customers
Sometime during 09/10/22 - 09/20/22, the Ethereum Mainnet will merge with the Beacon Chain proof-of-stake (PoS) system. This will mark the end of proof-of-work (PoW) for Ethereum, and the full transition to PoS. Staked will manage the entire validator upgrade process, including the addition of MEV software to earn MEV fees. No action is necessary for stakers.
Transfers and withdrawals of ETH from the Beacon Chain will remain disabled until the Capella hard fork, 3 - 6+ months post merge. As a result, staked ETH and validator rewards on the Beacon Chain will remain locked until then.
Post-merge, Ethereum validators will continue earning rewards for block proposals and attestations. Importantly, validators will also start earning the transaction fees and MEV currently earned by PoW miners.
Unfortunately, the ETH2 key (BLS) used for the withdrawal credentials in staking deposits can't receive funds. These addresses are only designed for signing consensus messages, but can’t sign transactions. The option to upgrade from ETH2 credentials to a standard ETH address on-chain will be available in the Capella hard fork, 3 - 6+ months post merge.
For security purposes, Staked can only distribute the transaction fees and MEV to verified ETH addresses. As a result, stakers will earn the new fees and MEV, but won't receive them until upgrading their withdrawal credentials on-chain. A complete accounting of all validator rewards will be available via Staked’s reporting.
Stakers who used a standard ETH address in their staking deposit will receive the new fees and MEV on a bi-weekly cadence immediately post-merge.
To account for the new fees and MEV earned by validators, Staked will be moving to a commission-based pricing model. Post-merge, Staked will charge a 10% commission on all rewards and fees earned by validators (validator + transaction fees + MEV). Stakers will earn 90% of all rewards and fees. Staked will cancel all existing recurring subscriptions as of the merge.
Staked will charge a percentage that is equal to 10% of all rewards (validator + transaction fees + MEV). To remain non-custodial, Staked will collect this fee from the transaction fees and MEV earned by the validator (and not from the rewards distributed at the protocol layer to the validator). All rewards distributed at the protocol layer to the validator (sync committee, block proposals and attestations) will continue accruing to the validator. Because Staked will charge this fee on the transaction fees and MEV only, the percentage will be higher than 10%.
Stakers on the 1-time payment plan will only pay a 10% commission on transaction fees and MEV until transfers are active. They will not pay a commission on validator rewards (sync committee, block proposals and attestations). Once transfers are active, Staked will charge a 10% commission on all rewards and fees earned by all stakers.
Tornado Cash Sanctions
Staked believes in the importance of crypto being censorship-resistant and permissionless. As a leading ETH validator we are carefully monitoring the discussion on the potential implications of Tornado Cash sanctions for validators.
FAQs
- Does Staked plan to support the upcoming hard fork on Ethereum?
-
- Yes, Staked will be supporting the "Merge" when it happens sometime during 09/10/22 - 09/20/22.
- Do I need to do anything with my validators for the Merge?
-
- No action is necessary for stakers. Staked will manage the entire validator upgrade process, including the addition of MEV software to earn MEV fees.
- Can I withdraw ETH that I’ve staked in the past?
-
- No, unfortunately not yet. You will be able to withdraw your staked ETH after the Capella hard fork, 3 - 6+ months post-merge.
- Will stakers earn transaction fees (i.e. tips) post-merge?
-
- Yes, stakers will earn 90% of all transaction fees post-merge. Staked will keep 10% of all rewards earned as a commission (validator rewards, transaction fees and MEV).
- Does Staked plan to operate MEV software for its validators? Will stakers earn the MEV fees?
-
- Yes, Staked will be adding MEV software (MEV-Boost) as part of the merge upgrade. Stakers will earn 90% of the MEV.
- Will I receive the transaction fees and MEV right away after the merge?
-
- No, you will earn the transaction fees and MEV. However, you won't receive them until you have upgraded your ETH2 withdrawal credentials to a standard ETH address on-chain. The option to upgrade to a standard ETH address on-chain is planned for the Capella fork, 6 - 9+ months post-merge.
- Can I change the withdrawal address for my validators?
-
- The option to change your withdrawal address will be available on-chain via the Capella fork, 3 - 6+ months post-merge.
- Where will the transaction fees and MEV go until the Capella fork adds support for ETH1 addresses?
-
- Transaction fees and MEV will accrue on-chain at the fee recipient address set for the validator.
- Does Staked plan to block or censor OFAC sanction transactions for the validators that it operates?
-
- Staked believes in the importance of crypto being censorship-resistant and permissionless. As a leading ETH validator we are carefully monitoring the discussion on the potential implications of Tornado Cash sanctions for validators.
RAY Wind-Down
As a result of regulatory uncertainty in the United States, Staked will be shutting down the Robo-Advisor for Yield service (RAY) on November 1, 2022. RAY was an innovative experiment that worked well for depositors. Every depositor made money, earning a higher yield than they would have elsewhere. We’re disappointed that RAY will be shut down, but the landscape has evolved rapidly and the cost of dealing with undefined regulations is too great.
We kindly request that you withdraw your funds from RAY as soon as possible. On November 1, 2022, we will use our administrative keys to return all deposits to depositors, remove access from the Staked.us website and turn off the oracles that update RAY on a regular basis.
The RAY smart contracts remain open source and available for anyone to carry the torch. The Github repo is available here: https://github.com/Stakedllc/robo-advisor-yield
Stake SOL, Earn Rewards
Seeking Yield by Staked - Issue 96: ⛓️ Tracking ETH2, ✅ Solana Rewards, 📊 State of Staking Report Q1 2021, 📊 Current Staking and Lending Yields, & More
⛓️ Tracking Eth2
The purpose of this section is to track the progress of ETH2 development.
Over $5.0 billion worth of ETH has now been staked! Some stats:
-
- ETH deposited to deposit contract: 2,945,698
- Current staking yield: 10.2%
- Active validators: 80,393
- Pending validators: 11,318
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
✅ Solana Rewards
Get excited SOL holders! Staking rewards are expected to be activated in the next week! The community governance process to enable inflation (and staking rewards) on mainnet started on 01/29, is expected to be completely as early as Tuesday 02/09, but more likely by 02/15.
The proposed inflation rate is 8% in year 1, and set to decrease 15% year-over-year. The current stake rate is 29.7%, (144.9M staked SOL / 488.6 total current SOL supply), resulting in a staking yield of 26.9% (.08 inflation / .297 stake rate).
Staked has been operating a top performing validator on Solana testnets & mainnet beta for 1+ years. Stake now to ensure you are eligible to earn staking rewards as soon as they are live!
Learn more:
📊 State of Staking Report Q1 2021
Staked highlights what investors need to know about staking. State of Staking covers high-level economics, the breakthroughs and launches made in 2020, and the trends investors should watch in 2021 to stay on top of one of the hottest trends in crypto.
Read it now!
Learn more:
👉 Download the State of Staking report
📊 Current Staking Yields
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
📊 Robo-Advisor for Yield (RAY)
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
📜 Developer Docs
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
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About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
February 2 ETH2 slashing event - Post-mortem
TLDR
Staked chased technical performance over double-signing robustness and that’s not a good trade off. No customers were harmed in this interaction but it was an expensive lesson for Staked and we are sharing our learnings in case they help others.
What happened:
75 Staked-run validators were slashed on February 2. This was a Staked technical issue, so our customers will be fully compensated. But what went wrong and how can you learn from our mistakes?
What went wrong:
We made the mistake of chasing attestation performance at the expense of reliability in attestation. Even though we have an internal mantra to always choose robustness over downtime, we still went awry.
ETH2 has led to a new set of performance criteria. The block explorers all publish attestation rate (the percentage of time you successfully sign blocks when you are scheduled to do so). This impacts customer revenue, so we've been very focused our customers earn the highest yields. That means a sharp focus on this chart:
Over the past six weeks, we have rolled out a set of performance improvements to deliver a higher attestation rate. We test those using a "canary" environment and roll them out to a broader set of validators.
We’ve identified a number of items that helped us improve significantly, two of which matter for this discussion:
- Prysm’s on-client slashing protection database was a heavy user of I/O and causing attestation misses (they've since fixed this). Since we have we have a separate layer of double signing protection that uses Hashicorp Consul, we stopped persisting this across restarts of the validator clients.
- Ensuring that beacon node instances have the right ratio of signing validators and are highly performant.
This combination led to our undoing. We attempted to scale up the number of beacon nodes to get better performance. While we had tested in our canary environment, the production load that we were trying to alleviate behaved differently, causing our validators to restart more frequently than we'd seen in testing. Because we had disabled the persistence of #1 above, these validators signed a second version of the same blocks: a major issue that led to a slashing event.
What's the lesson learned?
Obviously, we should not have disabled the persistence of Prysm's database in pursuit of better performance. The performance gains we achieved weren't worth the additional risk we inadvertently added. While this seems obvious, we thought we had reliable protection via Consul. But a belt-and-suspenders approach here would have been more prudent.
Testing for scale is hard. We should have ensured new beacon nodes were fully-synced and connected to lots of peers before allowing them to connect to validator clients. This is hard to do on existing testnets, but we should have developed an internal version to test this.
What are we doing differently?
We are now persisting the Prysm slashing DB to validators running in all five regions, so this issue can’t happen again.
We have instituted new changes to the way we deploy new beacon nodes such that they can't participate with validators until they are fully-synced.
What happens to impacted clients?
Staked will reimburse clients for both slashed ETH and lost rewards. We will contact impacted clients with details on how this will happen.
On a more personal note, Seth (CTO) and Tim(CEO) drafted this, this sucks and we're sorry. We let customers down and need to do better. We will get better and deliver the reliability you should expect from Staked.
$4 billion worth of ETH staked
Seeking Yield by Staked - Issue 95: ⛓️ Tracking ETH2, 🖥️ State of Staking Webinar Recording, 📊 State of Staking Report Q1 2021, 📊 Current Staking and Lending Yields, & More
⛓️ Tracking Eth2
The purpose of this section is to track the progress of ETH2 development.
Over $4.0 billion worth of ETH has now been staked! Some stats:
-
- ETH deposited to deposit contract: 2,873,410
- Current staking yield: 12.4%
- Active validators: 74,342
- Pending validators: 14,964
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
🖥️ State of Staking Webinar Recording
- High-level economics
- Breakthroughs and launches made in 2020
- Trends investors should watch in 2021 to stay on top of one of the hottest trends in crypto
A recording of the webinar is available below!
Learn more:
📊 State of Staking Report Q1 2021
Staked highlights what investors need to know about staking. State of Staking covers high-level economics, the breakthroughs and launches made in 2020, and the trends investors should watch in 2021 to stay on top of one of the hottest trends in crypto.
Read it now!
Learn more:
👉 Download the State of Staking report
📊 Current Staking Yields
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
📊 Robo-Advisor for Yield (RAY)
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
📜 Developer Docs
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
State of Staking
Seeking Yield by Staked - Issue 94: ⛓️ Tracking ETH2, 📊 State of Staking Report Q1 2021, 📰 Staked Media Mentions, 🖥️ State of Staking Webinar, 📊 Current Staking and Lending Yields, & More
⛓️ Tracking Eth2
The purpose of this section is to track the progress of ETH2 development.
Over $3.5b worth of ETH has now been staked! Some stats:
-
- ETH deposited to deposit contract: 2,792,514
- Current staking yield: 12.4%
- Active validators: 67,947
- Pending validators: 19,131
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
📊 State of Staking Report Q1 2021
Staked highlights what investors need to know about staking. State of Staking covers high-level economics, the breakthroughs and launches made in 2020, and the trends investors should watch in 2021 to stay on top of one of the hottest trends in crypto.
Read it now!
Learn more:
👉 Download the State of Staking report
📰 Staked in the media
Cryptocurrency Staking Rewards Top $20 Billion in 2020: Report
“I'd expect the yield from staking to come down over time as people get comfortable with the risks and staking gets easier. But I also think the most successful projects will actively think about ‘monetary policy’ for their chains, ensuring the right balance between security and inflation.”
Staked found that staking across various blockchains earned an average weighted yield of 11.2% per year, a healthy return compared to the less than 3% average dividend yield provided by the S&P 500 over the last decade, according to Investopedia.
🖥️ State of Staking Webinar
- High-level economics
- Breakthroughs and launches made in 2020
- Tends investors should watch in 2021 to stay on top of one of the hottest trends in crypto
Learn more:
📊 Current Staking Yields
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
📊 Robo-Advisor for Yield (RAY)
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
📜 Developer Docs
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
2.5 million ETH Staked
Seeking Yield by Staked - Issue 93: ⛓️ Tracking ETH2, 📰 Staked Media Mentions, 🖥️ State of Staking Webinar, 📊 Current Staking and Lending Yields, & More
⛓️ Tracking Eth2
The purpose of this section is to track the progress of ETH2 development.
Over $2.8b worth of ETH has now been staked! Some stats:
-
- ETH deposited to deposit contract: 2,515,842
- Current staking yield: 11.2%
- Active validators: 61,677
- Pending validators: 16,583
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
📰 Staked in the media
Fireblocks Rolls Out Staking Rewards for Eth 2.0, Polkadot and Tezos
Announced Thursday, Fireblocks is partnering with staking infrastructure providers Staked and Blockdaemon to offer hosted proof-of-stake (PoS) services for Ethereum 2.0 and the popular Polkadot (DOT) and Tezos (XTZ) tokens.
Fireblocks, which raised $30 million in funding in November last year, uses a technique called multi-party computation (MPC) that protects cryptographic keys by splitting them into pieces, and which the company says is well suited to the dynamic business of blockchain token staking.
“We are launching staking wallets to Fireblocks customers who collectively hold a significant balance of crypto assets,” Fireblocks CEO Michael Shaulov said in an interview. He said that while the majority of Fireblocks’ over 165 clients have bitcoin, “between DOT, XTZ and ETH we have over $1 billion of assets” that can be staked.
🖥️ State of Staking Webinar
- High-level economics
- Breakthroughs and launches made in 2020
- Tends investors should watch in 2021 to stay on top of one of the hottest trends in crypto
Learn more:
📊 Current Staking Yields
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Livepeer, Factom, Terra, Kava, Cardano, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
📊 Robo-Advisor for Yield (RAY)
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
📜 Developer Docs
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
$2.7b worth of ETH deposited
Seeking Yield by Staked - Issue 92: ⛓️ Tracking ETH2, 📰 Staked Media Mentions, 📱 Elrond Maiar Wallet, 📊 Current Staking and Lending Yields, & More
⛓️ Tracking Eth2
The purpose of this section is to track the progress of ETH2 development. Over $2.7b worth of ETH has now been staked! Some stats:
-
- ETH deposited to deposit contract: 2,330,050
- Current staking yield: 11.9%
- Active validators: 55,358
- Pending validators: 16,899
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
📰 Staked in the media
Valid Points: A Year in Review by Your Ethereum 2.0 Staking Experts
Our first contribution is from Tim Ogilvie, the founder and CEO of Staked. Staked helps investors earn yield from staking and DeFi without taking custody of their crypto assets.
“My favorite Ethereum chart shows the daily gas usage. I love it because it’s one part of the great story that I expect will propel ETH over the next few years. There are three legs to the stool:
- Our chart. People are using ETH with increasing frequency, driving increased gas demand.
- EIP-1559, introducing Fee Burns. This is an upcoming Ethereum improvement that will take all of the gas demand and use it to burn ETH. The more ETH gets used, the more ETH supply gets burned.
- Eth 2: Ethereum’s transition to proof-of-stake, allowing for low issuance of new supply while providing strong security guarantees.
“Bitcoin has an amazing story as an asset with a fixed supply of 21 million BTC. Ethereum’s story has the potential to be even stronger. If gas usage exceeds supply issuance, you’ve now got a digital asset with a steadily declining supply.
“My 2021 prediction: This becomes the dominant story around ETH’s valuation and it drives significant price appreciation.”
📱 Elrond Maiar Wallet
📊 Current Staking Yields
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Horizen, Livepeer, Factom, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
📊 Robo-Advisor for Yield (RAY)
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
📜 Developer Docs
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
$1b worth of ETH staked
Seeking Yield by Staked - Issue 91: ⛓️ Tracking ETH2, 📰 Staked Media Mentions, 🎉 The Graph Network Mainnet, 🖥️ ETH Staking Webinar Recording, 📊 Current Staking and Lending Yields, & More
⛓️ Tracking Eth2
Over $1b worth of ETH has now been staked! Some stat on network progress:
-
- ETH deposited to deposit contract: 1,552,961
- Current staking yield: 14.4%
- Active validators: 36,401
- Pending validators: 11,771
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
📰 Staked in the media
CoinDCX to launch Liquid ETH-backed token for users
U.S-based Staked, which provides non-custodial staking services for institutions and is the leading independent validator for Ethereum 2.0, is partnering with CoinDCX to support Ethereum 2.0 staking.
Tim Ogilvie – Co, CEO and co-founder of Staked said, “We are thrilled to extend our support to CoinDCX in such a way that the exchange’s users can now take advantage of our staking infrastructure to participate in Ethereum’s major upgrade.”
Bitcoin Transaction Fees Doubled This Week. Here’s Why
It is simply a case of more buying demand means more BTC transactions, which means higher fees, according to Tim Ogilvie, CEO of Staked, which provides institutions with infrastructure services for crypto assets.
So, when there’s an exceptional amount of activity on the Bitcoin network, miners hike up their fees to prioritize those who really want to process Bitcoin transactions.
Tim joins me back on the show to update everyone Staked which for the last few years has been facilitating what I call the emergence of fixed income in Digital Assets. Essentially Staked helps investors earn yield from staking and DeFi without taking custody of crypto assets; some of the yields on the platform are high 10's and 20's. We talk about the how this works, what goes into staking and the emergence of ETH2 and why this is potentially a watershed moment.
🎉 The Graph Network Mainnet
Learn more:
🖥️ ETH Staking Webinar Recording
Learn more:
📊 Current Staking Yields
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Horizen, Livepeer, Factom, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
📊 Robo-Advisor for Yield (RAY)
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
📜 Developer Docs
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.
1.4 million ETH staked
Seeking Yield by Staked - Issue 90: ⛓️ Tracking ETH2, 📰 MEW Partnership + Staked Media Mentions, 🎵 AUDIO Staking, 🖥️ ETH Staking Webinar, 📊 Current Staking and Lending Yields, & More
⛓️ Tracking Eth2
The purpose of this section is to track the progress of Eth2 development. Some stats:
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- ETH deposited to deposit contract: 1,056,578
- Current staking yield: 18.1%
- Active validators: 30,706
- Unique Eth1 addresses: 3,303
If you hold ETH and would like to learn more about staking, please reply directly to this email or submit your information below.
Learn more:
👉 Deposit to the deposit contract today to secure your spot
👉 Schedule time to speak with a Staked representative
👉 API documentation for launching lots of validators
👉 Sample code implementing the API
📰 Staked Media Mentions
MyEtherWallet Now Offers In-App Staking for Ethereum 2.0
MyEtherWallet Integrates Staked to Bring Eth2 Staking to MEW Web & Mobile Users
MyEtherWallet Now Supports Ethereum 2.0 Staking
One of Ethereum’s most popular software wallets, MyEtherWallet is joining other crypto businesses by giving users access to Ethereum 2.0 staking.
Through a partnership with node-hosting service Staked, MyEtherWallet now offers its browser and mobile wallet users the option to stake ETH tokens into the Ethereum 2.0 Beacon Chain deposit contract, a smart contract that lays the foundations for Ethereum’s revamped blockchain infrastructure.
MyEtherWallet “users need to stake 32 ETH to participate. Staked will run a validator node for them, making it easy for the users who don’t have the technical knowledge to participate, so no further action is required on the user’s part,” MyEtherWallet CEO Kosala Hemachandra told CoinDesk.
🎵 AUDIO Staking
Learn more
🖥️ ETH Staking Webinar
- How to stake ETH with Staked
- The role a node plays in securing the Ethereum network
- The returns available from ETH staking
- ETH 2.0 timeline and important dates
Learn more:
📊 Current Staking Yields
Staked currently supports 30+ different proof of stake crypto assets including Ethereum, Cosmos, Polkadot, Algorand, Tezos, Dash, Orbs, Horizen, Livepeer, Factom, Terra, Kava, Cardano, v.systems, Secret Network, Edgeware, and Celo.
Learn more:
👉 Get in touch with a Staked representative about getting started!
📊 Robo-Advisor for Yield (RAY)
Currently live on the Ethereum mainnet, the Robo-Advisor for Yield (RAY) is the easiest way to earn the highest yield on your ETH, DAI, USDC, and BUSD holdings.
Learn more:
👉 Find time to speak with someone from the Staked team here.
📜 Developer Docs
Interested integrating the Robo-Advisor for Yield (RAY) and/or staking-as-a-service into your business today?
Integrating RAY is as simple as dropping in a few lines of code. Furthermore, partners looking to offer staking-as-a-service are able to integrate with our staking infrastructure directly through our API services.
Learn more:
👉 Staked Developer Documentation
👉 Reply to this email to speak with the Staked team about getting started today!
👉 Find time to speak with someone from the Staked team here.
About Staked
Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked’s investors include Pantera Capital, Digital Currency Group, ParaFi Capital, Coinbase Ventures, Winklevoss Capital, Fabric Ventures, Global Brain, and other leading crypto investors.