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Home Gate.io_s ETH2.0 Staking Rewards Distributed - 14% APR

Gate.io_s ETH2.0 Staking Rewards Distributed - 14% APR

2021-03-11 08:20:20 UTC 53658 Read
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.

ETH2/ETH Market https://www.gate.io/trade/ETH2_ETH
ETH2/USDT Market: https://www.gate.io/trade/ETH2_USDT

About Gate.io ETH2.0 Staking Solution:

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 around 5%-10%.

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.

Gate.io Team
March 11 , 2021

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