Ethereum staking rewards

How are rewards distributed? The Ethereum staking reward rate is variable and changes based on the total amount of ETH staked, with a maximum annual reward rate of 18.10% .

The Proof of Stake Beacon Chain is now live , with 222,052 validators staking a combined 7,105,596 ETH (as of Sept 1, 2021).

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.