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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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>"With LiquidStake, Ethereum 2.0 supporters can use their Eth2 stakes as collateral for USDC loans—and still receive staking rewards."
>"With LiquidStake, Ethereum 2.0 supporters can use their Eth2 stakes as collateral for USDC loans—and still receive staking rewards."
Ethereum is set to undergo the initial phase of a lengthy migration to a new, proof-of-stake blockchain network in the coming weeks. And one investment firm that's active in the ecosystem has created a new product that it believes will help holders of ether — Ethereum's native cryptocurrency — navigate that process.
Ethereum is set to undergo the initial phase of a lengthy migration to a new, proof-of-stake blockchain network in the coming weeks. And one investment firm that's active in the ecosystem has created a new product that it believes will help holders of ether — Ethereum's native cryptocurrency — navigate that process.
The first part of Ethereum 2.0 was destined for the start of December. But so far, just 10% of the required ETH has been staked—implying the upgrade won't happen on schedule. Staking Ethereum involves locking up a specific amount of the cryptocurrency in exchange for rewards. Ethereum 2.0—an upgrade to Ethereum’s entire platform—is on the horizon, making Ethereum far more scalable than it is today. So, why are some believers in Ethereum declaring that they won’t be staking on Ethereum in the future? For many users, it’s simply too complicated.
The first part of Ethereum 2.0 was destined for the start of December. But so far, just 10% of the required ETH has been staked—implying the upgrade won't happen on schedule. Staking Ethereum involves locking up a specific amount of the cryptocurrency in exchange for rewards. Ethereum 2.0—an upgrade to Ethereum’s entire platform—is on the horizon, making Ethereum far more scalable than it is today. So, why are some believers in Ethereum declaring that they won’t be staking on Ethereum in the future? For many users, it’s simply too complicated.
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