Gate.io just distributed the ETH2.0
staking rewards to ETH2 holders for today. Starting December 21st, 2020,
Gate.io has been distributing ETH2.0 staking rewards daily based on
users’ average ETH2 holdings over a period of 14 days. The current
reward rate is 14% P.A, and the minimum entry balance eligible for a reward is 1 ETH2. You may head over to Billing Details to check how much reward you have received.
ETH2 is freely tradable on the market. Users can buy and hold ETH2 to
earn staking rewards or sell their ETH2 holdings anytime they want.
Following the Phase 0 launch, ETH holders are able to participate in PoS
staking by deposing their ETH on eth2 to earn rewards. However, taking
part in eth2 staking is not easy. It demands a general higher technical
expertise, and requires a long staking time (estimated 1-2 years, which
may vary as eth2 develops). Due to the high barriers of entry, eth2
staking is not suitable to every user. To give all users a chance to
participate in eth2 staking, Gate.io provides a flexible eth2 staking
solution to users, based on our stably running Ethereum infrastructure
and maturity asset management solution.
With this solution, users can earn a staking reward while not needing to
lock their ETH in eth2 for a long time or worry about eth2 penalties.
Below you can find more details about our eth2 staking solution.
1) Gate.io will list ETH2 tokens, which will be the certificate for
users to participate in eth2 staking. 1 ETH2 represents 1 ETH locked in
ETH2 staking. Holding ETH2 is equal to participating in eth 2 staking.
2) Users will be able to buy or sell ETH2 on USDT and ETH markets freely.
3) Gate.io will distribute the net income (staking income minus cost) from eth2 staking to ETH2 holders as eth2 staking starts.
4) The staking reward will be in the form of ETH2.O, allocated based on users’ average ETH2 holdings over a period of 14 days.
5) Currently, validators are waiting in line for the chance of staking
on eth2. It may take a few days to start staking after eth2 launches
(the delay may vary , depending on the length of the waiting list).
6)The yearly reward % of eth2 staking is related to the amount of ETH
being staked. The yield tends to be higher at an early stage as less ETH
is being staked. On the long term, the yield is expected to be stable
Gate.io is an established exchange that holds integrity, transparency,
and fairness to a very high standard. We charge zero listing fees and
only choose quality and promising projects. Our exchange consists only
of 100% real trading volume. Thanks to everyone who has joined us in our
journey. We always intend to improve and innovate to reward our users
for their continuous support.