ETH2.0 pledge mining
Last updated
Last updated
The current estimated APR (annualized interest rate) is 5.4%, and the pledged ETH and income can be transferred after the lock-up time is 2022
imToken now supports Eth2.0 wallet management and deeply integrates the non-custodial Eth2.0 pledge solution provided by InfStones. The non-custodial solution maximizes the user's ownership and control of the pledged assets, and does not need to worry about the operation and maintenance services of the verification node.
If you hold 32 or more ETH, you can choose a non-custodial pledge plan and have a validator that belongs to you on the Eth2.0 beacon chain.
A step-by-step tutorial on non-custodial Eth2.0 staking
1.On the asset home page, click "Ethereum 2.0 Pledge Mining" to enter the pledge interface, click ">" - "Pledge".
2.Enter the number of validator nodes to buy, one node needs to deposit 32 ETH. After confirming the number of nodes, click "Next" to enter the fee confirmation page.
3. Select the wallet address and confirm the fee. The fee is divided into 3 parts:
Staking Amount: Each validator needs to pledge 32 ETH;
Service fee: InfStones maintains a service fee of $100 for the operation of the node, and the service will support the operation of the node to the Eth2.0 open transfer;
Miner fee: The miner fee required to send this transaction depends on the real-time situation of the Ethereum network.
4. Read the risk clause carefully, please note:
The deposited 32 ETH principal and accumulated earnings will not be able to be retrieved until Eth2.0 enables the transfer function. The opening time of the transfer function depends on the development process of Eth2.0;
The mnemonic of the Eth1 wallet will be used to retrieve the assets pledged on Eth2.0 after the transfer function is enabled, so please back up the mnemonic safely. Once the mnemonic is lost, it cannot be retrieved the deposited ETH principal and accumulated income.
After confirmation, check the terms and confirm the payment. After the transaction is successful, wait for the confirmation of the Eth2.0 beacon chain. The expected waiting time is 12 to 18 hours.
5. After the deposit transaction is confirmed on the beacon chain, the validator (that is, the verification node) will be in a state of Pending waiting to be activated. The waiting time depends on the number of validators waiting to be activated in the network. The beacon chain can activate 900 validators every day. As of press time, the waiting time for activation is about 4 days.
When the validator shows the status of Active, it means it has been activated, the validator starts to work and generates income. At this time, you can view the accumulated BETH amount in the Ethereum 2.0 pledge mining interface, and click "Validator" to view the balance and APR. (annualized rate of return) and other details.
Note: BETH (Beacon ETH) refers to your assets on the Eth2.0 beacon chain, 1 BETH corresponds to 1 ETH you pledge, and the pledge income will be accumulated in the form of BETH. Before the Eth2.0 transfer function is enabled, BETH cannot be transferred or traded.