And last but not least, ETH staking in the PoS network brings low profits . 5% is not convincing at all in the crypto world. For example, Binance offers much higher interest rates on locked savings. And they also last for several weeks which would surely make investors happy.
Read moreHow much ETH is currently staked?
According to recent data, the total amount of ether (ETH) locked in the Ethereum 2.0 deposit contract is rapidly approaching the nine million mark. This means that more than 7% of the total ETH supply is currently staked in the ETH 2.0 contract.
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