/biz/ - Business & Finance

[Anonymous No.57238246]

does ethereum staking make sense for small amounts outside of centralized exchanges?

i have 0.5 eth on a hardware wallet from mining, but it seems like i'd have to pay ca 5% of that for 4% pa and it would be completely gone if the pool fucks up.
am i missing something?

[Anonymous No.57238374]

>>57238246
>0.5 eth
no you shrimp
staking make sense if you have like 50+ eth

[Anonymous No.57238398]

not worth.

Pool won't fuck up anyway, but the transaction cost for such a small amount will pretty much wipe out 1 year worth of staking gains

either stake on CEX or get loaded and then you've got quite the choices if you wanna put your eth to work

[Anonymous No.57238563]

>>57238246
At least 5 eth i think then you can wait for low gas fees and do it

[Anonymous No.57238598]

>>57238246
You'd probably lose a shit ton of gas (negating most of your staking gains) on all the smart contract interactions for staking and unstaking.

[Anonymous No.57239016]

>>57238246
Just stake on Coinbase

[Anonymous No.57239065]

I have 36 eth, what’s the best thing to do with it?

[Anonymous No.57239073]

>>57239065
put in lido and wait for 8k-12k at bull run peak

[Anonymous No.57239101]

>>57239073
What is lido?

[Anonymous No.57239352]

>>57239101
Biggest liquid staking service

[Anonymous No.57239383]

Move em to CB and leave them there. It's a measly 2% or something but just from having it in the platform is not that bad.
You can also sell it for USDC and get a 5% off that instead.

[Anonymous No.57239674]

Stake on Rocketpool. It's decentralized and doesn't centralize ETH like Lido and Coinbase. If you're staking on a centralized service you're the problem.

[Anonymous No.57239694]

>>57238246
>Swap ETH into AVAX
>stake AVAX
ez

[Anonymous No.57239721]

>>57238246
>i have 0.5 eth
NGMI. sell it and buy kneepad with it.

[Anonymous No.57239725]

>>57239694