🎯 What is Staking?
Staking is a way to 'lock' your crypto assets in the network to help verify transactions, maintain network security, and earn corresponding rewards.
On Ethereum, this process is called PoS (Proof of Stake), no longer competing in computing power like the previous PoW (mining), but rather competing on who stakes more coins and locks them for a longer time.
🧩 How to understand it?
You can think of Ethereum as a big bank; staking ETH is equivalent to depositing money in a bank, and the network pays you 'interest' as a reward.
🔍 Key Data:
The total amount of ETH staked across the network currently exceeds 33 million, accounting for 27% of the circulating supply.
The annualized yield from staking is around 3% - 5% (it will fluctuate with network usage).
👀 How can beginners participate?
Running your own node: Requires at least 32 ETH (high cost, suitable for technical players).
Through staking pools: Pools like Lido and Rocket Pool support small amounts of ETH participation.
Exchange staking: Binance and Coinbase also offer staking services, suitable for beginners.
⚠️ Risk Warning:
During the locking period, ETH cannot be freely used (unless through derivative tokens like stETH).
Staking pools or platforms may have smart contract vulnerabilities and risks of exit scams.