I currently have a couple ETH on Coinbase. Would like to move them off and enter the world of staking as I have no desire to ever sell them. Any suggestions for my non tech savvy “ friend” ? I have read many posts here and haven’t had any luck finding a place where I meet the minimum ETH needed to stake there. Thanks for insights. I maybe better off just keeping it at CB and getting 3.26% APY but I feel like I’m getting taken advantage of AND possibly at risk since the coins reside there and not w me.

  • ApoloCSS@alien.topBEnglish
    1·
    10 months ago

    It will depend on how much Ether you own.

    32 = go to Allnodes. Less than that = consider Rocketpool.

    In any case you’ll need a minimum of knowledge of what your doing to avoid making mistakes.

    • Ch40440@alien.topBEnglish
      1·
      10 months ago

      How does a pull run work with staking companies? Just basically a rug pull or is it all of the stakers moving to a different pool

      • ApoloCSS@alien.topBEnglish
        1·
        10 months ago

        When you stake on pools like Rocketpool your ETHs are swapped for rETH. In the case the pool has a problem and people need to swap their ETH back, it will depend on the pool’s liquidity to fulfill all the orders. If there are not enough ETH (and there won’t be enough for that specific moment) to satisfy the demand, the rETH will be worth less than a used pamper.