SimpleStakers.info

Where should you stake your funds?

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Ankr

0.95 Ξ (-4.65%)

3.05%

9.34%

Frax

1.00 Ξ (-0.00%)

7.97%

Lido

1.00 Ξ (-0.27%)

5.44%

5.80%

Stakewise

1.00 Ξ (-0.37%)

5.15%

5.65%

Coinbase cbETH

1.00 Ξ (-0.17%)

4.44%

4.67%

RocketPool

1.01 Ξ (+1.27%)

4.19%

2.47%

Assuming staked ETH will unlock months from now.

The best way to stake ETH is to run your own Ethereum validator node. Running a validator provides the highest possible yield, and contributes to the decentralization of the Ethereum network.

However, many users find benefits of staking using a liquid staking pool. These protocols and companies take custody of user ETH and operate validator nodes on their behalf, in exchange for a percentage of the generated yield.

There are two primary benefits of these liquid-staking pools. First, users may stake amounts smaller than the 32 ETH required to run a validator node. Second, the staked assets are represented by staking tokens, which can be used in other DeFi applications (as collateral, as a trading pair, etc). Additionally, users can effectively "unstake" their ETH by selling these staked assets on secondary markets.

When choosing a staking pool, users should be aware of both the effective APY provided by the staking pool (which is determined by the fee the pool charges), as well as the market discount of the staking token. Most staking tokens currently trade at a discount to ETH on secondary markets, which can provide opportunities for those who wish to purchase staking assets.