Delegate ETH 2.0 - Coming soon

Ethereum 2.0 is a large–scale upgrade of the basic blockchain network, in which the transition from PoW-mining (Proof-of-Work) to POS (Proof-of-Stake) or staking will be implemented. What will happen with the old miners? You can read about it here .

The key difference is the consensus algorithm. After the upgrade, holders will be able to launch nodes and receive rewards for their PoS stake. Switching to PoS will improve security, network speed, and energy efficiency. A more detailed description can be found in our article here .

Currently, the minimum number of coins to stake on our platform is 0.01 ETH. In this case, you will have to wait until the pool of 32 ETH fills out. After that, we will assign you a Validator Address.

1. Connect your wallet to the Everstake Smart Contract

2. Deposit the amount of ETH you would like to stake. Note: if you stake less than 32 ETH you will have to wait until the pool of 32 ETH fills out to start earning rewards.

3. In the period of time that is defined by the validator queue to join the network (currently ~14 days) we will assign your Validator Address so that you can track it’s performance on beaconcha

Our Smart Contract gathers ETH and assigns funds to the appropriate validator. Once 32 ETH has accumulated, our team will ensure the highest uptime. This includes securing and monitoring the deposited stakes as well as performing necessary updates to the staking software.

Only 900 Validators can be activated each day on the ETH network. The time of activation will depend on the number of validators in line. Currently, there are approximately 90,000 validators, which equals 14 days.

Rewards vary depending on the rules of the Ethereum staking protocol, including how much ETH has been staked at a given time. Rewards are expected to be between 4% to 7% per year. Staking Rewards APR Curve can be found on the Ethereum Launchpad page .

Staked ETH cannot be unstaked or transferred on the Ethereum network until Phase 2 is active which can take more than 18 months. Our thoughts on the ETH 2.0 roadmap are here.