0

I'm wondering if i can invest in ETH using the POS system. I have the following idea:

  1. Get a computer (regular one no special GPU) to be up 24\7
  2. Connect to a staking pool like RocketPool or similar
  3. Buy ETH say 1 ETH ..
  4. Stake the 1 ETH in the pool
  5. If i understand correctly this means i will get around 0.9 rETH on every reward

All this seems like a very good investment deal. What am I missing here ? Can I loose money like this ? (not by ETH loosing value, i mean by losing ETH coins)

1 Answer 1

2

Looks like you have misunderstood the reward rate.

The current Eth2 reward rate seems to be around 4,8%. This means you get 4,8% yearly interest for your stake. https://ethereumprice.org/eth-2-calculator/

You can either stake through a service which does everything for you (a centralized service or a more decentralized one like Rocketpool) or run your own validator node, which is not a trivial task. Staking services of course take a small fee for the service.

2
  • so the reward is annual and not per block ? this is the misunderstanding ?
    – Mortalus
    Commented Mar 1, 2022 at 12:08
  • 4,8% in a year, yes. Commented Mar 1, 2022 at 12:08

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.