BULLISH on ETH!! But NOT on 2.0 Staking... Yet
Glad that folks are getting so much value from that vid. Think that part 2 is most definitely on the cards soon.
Let's keep the tempo going though, and its time for another Sunday special on the tube 📺
This is quite a topical video which I alluded to in my mailer last week. It's basically a deep dive on the current state of Ethereum 2.0. As you guys will no doubt know, the staking contract launched last week and there has been a heck of a lot of excitement recently.
But, the most important question is: Should You Stake?
As much as I want to say "Hell YES!", there are a number of factors that you all have to consider before you do. Indeed, although I will be staking 32 ETH, my investment timeframe and staking preferences may be entirely different to yours.
Hence, I think it is important that everyone understands exactly what is at stake here (pardon the pun). You need to consider factors like lockup periods, illiquidity, varying return rates etc.
There are also a number of other staking services and wrapped token alternatives that could indeed make it easier for you folks to stake. However, they have not being launched yet and they do hinge on the minimum staking requirements being met.
This video covers everything you need to know. I take a look at the current state of 2.0 as well as the main investment cases for both 1.0 & 2.0.
All of this is to help you answer that question: Should You Stake? 👇#
⛓️ 🔗 Useful Links 🔗 ⛓️
► Ethereum 2.0 Staking Launchpad: https://launchpad.ethereum.org/
► Ethereum 2.0 Staking Pool (in development): https://www.bloxstaking.com/beta/
► Ethereum 1.0 Scaling Roadmap: https://twitter.com/VitalikButerin/st...
► Op-Ed on Tokenized ETH 2.0: https://www.coindesk.com/staked-eth-w...
► FTX To List BETH Token: https://www.coindesk.com/ftx-beacon-c...
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.