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Why SharedStake
Using SharedStake, anyone can play a part in the future of decentralized finance. 🚀
SharedStake is an initial custodial staking service that allows anyone to stake their ETH without having to maintain or monitor validator nodes. Simply put, SharedStake removes friction associated with ETH 2 staking:
- Any amount of ETH can be staked by pooling on SharedStake
- The validators are run on AWS, one of the best cloud providers with industry-leading uptimes
- Thanks to our derivative staking token, vETH2, we are able to create a liquid market to allow participants to exit their positions or leverage DeFi apps, even before Ethereum 2 launches
Deposit ETH to the SharedStake smart contract to automatically mint your staking token, and relax. Nothing else is required.
SharedStake may be your StaaS solution if you want a stake in Ethereum 2.0 and:
- You don't have 32 Eth for a validator, ($54,400 currently)
- You have more than 32 Eth but not an exact multiple (required for ETH2)
- You don't want to run your own validator or are concerned about slashing due to local energy conditions
- You don't want to create your own Eth2 deposit credential via the command line
- You want to earn yield from investing in Ethereum 2.0 with minimal risk
- You want to save on validator node infrastructure costs by sharing them
- You want to use your Ethereum while earning your staking profits (9% APY currently)
- You want to sleep soundly trusting industry standard cloud infrastructure with guaranteed uptime
Using SharedStake, anyone can play a part in the future of decentralized finance. 🚀
Last modified 2yr ago