Binance launches Ethereum 2.0 staking service, expected annual rewards between 5% and 20%

Rhythm BlockBeats news, on December 1, according to the official website of Binance, the platform has launched the Ethereum 2.0 pledge service. Get the same amount of BETH tokens and chain pledge income in proportion.

Binance ETH 2.0 staking service will pay users for node construction costs, all profits on the chain will be returned to users, and users will bear the risk of on-chain slashing (Slash). Earnings start to be calculated at 08:00 on December 2nd, and the minimum participation amount is 0.0001 ETH. It is estimated that the annualized earning reward for staking is between 5% and 20%, subject to the actual earning on the chain.

It is understood that Coinbase has also launched a similar mortgage plan. As cryptocurrency researcher Hasu  said, users The corresponding "*ETH" is minted by staking ETH, and then traded on the platform to obtain liquidity while taking into account the staking income. "This is very attractive, and other trading platforms will follow soon."

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