What is ETH Staking and how can you participate?

With the shift to Proof-of-Stake, "miners" were replaced by "validators," and with them came ETH staking. Staking means that you lock up an amount of your $ETH tokens in the network to help secure and validate transactions. In exchange for your contribution, the network rewards you with more ETH. It’s a way to earn passive income while supporting the security and efficiency of the blockchain. For the average user, there are several ways to participate without the need for the 32 ETH required to be an individual validator: you can join staking pools with other users (like Lido or Rocket Pool) or use staking services offered by centralized exchanges (like Binance). It’s your chance to put your ETH to work!

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