The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year . It’s potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.
Read moreIs staking ETH for ETH2 worth it?
All things considered, the benefits of ETH2 staking are clear . As for the risks – some of them (e.g. downtime-induced penalties, security concerns) are mitigated by choosing a reliable staking-as-a-service provider. On Redot, you can stake as little as 0.01 ETH and access validator rewards.
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