
ETH 2.0 staking on Kraken attracts over 250,000 users
To date, the contract for placing on the ETH 2.0 network contains more than two million ETH. The Kraken team told about it
The exchange, which processes 1.5 billion trading volume daily, has more than 250,000 users earning on ETH 2.0 staking. The number of coins in the placement contract is estimated at $ 200 million.
🎉 Over 250,000 #ETH 2.0 have been staked & are earning rewards on Kraken 🎉
— Kraken Exchange (@krakenfx) December 30, 2020
Do you want to earn a crypto yield & support keeping blockchains like Ethereum secure?
✨Learn how to stake with Kraken✨ https://t.co/K5waYvklKj pic.twitter.com/D8qhG61axk
The minimum stake for staking is 32 ETH. Investment refers to medium-term investments. ETH 2.0 users will not be able to access, withdraw or trade their tokens until the next launch phase.
Recall that Ethereum 2.0 is an update to the Ethereum network that changes the protocol for adding new blocks to the blockchain. The transition will be made from Proof-of-Work (PoW) to Proof-of-Stake (PoS).
Mining will become more economical. You don't need to waste a lot of electricity. This is very important for the growth of DeFi and other projects in the Ethereum ecosystem.