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Ethereum 2.0 Validators to Earn up to 10% Annually for Staking: Report

Published 10/25/2019, 04:46 PM
Updated 10/25/2019, 05:01 PM
Ethereum 2.0 Validators to Earn up to 10% Annually for Staking: Report
ETH/USD
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Ethereum 2.0 validators can expect to earn from 4.6% to 10.3% as rewards for staking on an annual basis, a senior ConsenSys exec says.

Collin Myers, head of global product strategy at blockchain firm ConsenSys, reportedly claimed that in order to become a validator on the Ethereum 2.0, one is required to maintain a minimum amount of 32 Ether (ETH), which is worth $5,760 at press time. Myers revealed the news at a recent blockchain event Devcon 5, Coindesk reports Oct. 25.

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