ETHx vs. Solo S...
ETHx vs. Solo Staking: Which is better?
Ethereum, a cornerstone of decentralized finance (DeFi), is undergoing an evolution in staking with the introduction of ETHx. This new approach offers numerous advantages over traditional solo staking, making it more accessible and rewarding for a broader range of users.
Also Read: Ethereum Staking Rewards
ETHx's Tremendous Reception
The response to the launch of ETHx has been astounding, with over 140 node operators joining the movement in a short span. Several factors contribute to its rapidly growing popularity:
Also Read: Ethereum Merge
ETHx's Mission & Pledge
Before diving deep, it's crucial to understand ETHx's core ethos. The primary aim behind this innovation is to preserve Ethereum's decentralization while creating an LST that is both accessible, reliable and rewarding
With ETHx, our mission at Stader is to maintain the decentralization of Ethereum by crafting a Liquid Staking solution based on three key tenets:
This pledge is Stader's solemn promise to the Ethereum community, and we're wholly committed to honoring it.
Also Read: Matic Staking Rewards
Why Choose ETHx Over Solo Staking?
Bonded ETH rewards: 1.56 ETH
Commission on delegated ETH: 0.77 ETH
Rewards from 1M SD: 1.29 ETH
This structure culminates in a net reward of 3.62 ETH, more than doubling the solo staking rewards.
Also Read: What is Validator
The decentralization of Ethereum is of paramount importance for its community. ETHx offers a promising pathway to ensure this vision remains intact. By rendering Ethereum staking more attainable, efficient and lucrative, ETHx is poised to redefine the staking landscape. For those contemplating Ethereum staking, the choice is becoming clear: ETHx nodes offer a compelling alternative worth serious consideration.
Also Read: Smart Contracts
Ethereum Staking | BNB Staking | Ethereum Merge | Ethereum Gas | Polygon Vs Eth | How to Stake Eth | Ethereum Layer 2 | Ethereum Upgrade | Ethereum Bridge | Components of Ethereum Network | Liquidity Crypto | What Is MEV | Proof of Work Vs Proof of Stake | Tokenomics | Layer-2 Blockchain | Liquid Staking Derivatives | What is Validator | What Is A Private Key | Yield Farming Vs Staking | What is Web 3.0
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