Cryptocurrency News

Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — Report

07/07/2022

Less than a minute

2022.07.07 22:41

Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — Report

Ethereum investors who staked millions of dollars worth of Ether (ETH) tokens to become validators on its soon-to-launch proof-of-stake (PoS) network are now facing heavy paper losses.

In detail, investors have locked a little over 13 million ETH into the so-called Ethereum 2.0 smart contract since it went live in December 2020. However, there is no date when these investors can redeem their tokens alongside the 10% yield.

07/07/2022

Less than a minute

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