• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Sunday, June 1, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Top 3 ETH 2.0 Staking Tokens To Watch In March 2023

Will Izuchukwu by Will Izuchukwu
March 2, 2023
in Featured
Reading Time: 4 mins read
0
ethereum staking

Eth 2.0

12
SHARES
Share on TwitterShare on Facebook

With the switch from Proof-of-Work to Proof-of-Stake in Ethereum 2.0, users can stake their ether to validate transactions in return for staking incentives. You often acquire a token representing your staked assets when you take part in ETH 2.0 staking solutions, and these tokens are liquid and used in other protocols. ETH 2.0 Staking Tokens has a total market capitalization of $6,232,446,945 and a total trading volume of $35,090,325 in the last 24 hours.

Note: This List is sorted by their market capitalization from lowest to highest

Rocket Pool ETH (RETH)

  • Price Unit: $1,649.22
  • Market Cap: $314.59M
  • Distinct Features: Operators of nodes do not manage money. Node operators are not rETH holders, but their revenues are deducted from any fines they receive.

The next-generation decentralized staking pool system for Ethereum is called Rocket Pool.

The liquid staking token for the Rocket Pool protocol is called Rocket Pool ETH (rETH). Within Ethereum Proof-of-Stake, the rETH token stands in for an amount of ETH that is being staked and receiving rewards.

The value of rETH in relation to ETH rises as operators of Rocket Pool nodes stake Ethereum on Proof-of-Stake. Holders of the liquid staking token from Rocket Pool can profit from the Ethereum Proof-of-rewards. Stake’s

Exchange: RETH is currently trading live on Uniswap (V3), Balancer (V2), and Uniswap (V3) (Optimism).

Ankr Staked ETH (ankrETH)

  • Price Unit: $1,616.05
  • Market Cap: $47,286,644
  • Distinct Features: A low chance of transient loss results from contributing ankrETH for liquidity with tokens like ETH, enhancing the advantage of doing so for a more reliable and successful experience.

Ethereum token holders have the option to stake ETH through Ankr Staking in exchange for ankrETH, the ETH Liquid Staking token. Additionally, ankrETH provides immediate liquidity for your staked ETH, allowing you to link it with DeFi platforms and have access to additional reward tiers.

AnkrETH is a reward-bearing token, which means that as staking rewards build up inside the token, its fair value relative to ETH rises over time. As the value of ankrETH in your wallet rises relative to ETH, your daily staking rewards will increase.

Staking ETH enables transaction validation and directly supports the Ethereum network. To achieve the greatest degree of decentralization, Ankr’s staking technology intelligently distributes staked tokens throughout the Ethereum ecosystem.

Exchange: ankrETH is currently trading live on Uniswap (V3), Balancer (V2), and Uniswap (V3) and Curve Finance.

Lido Staked ETH (stETH)

  • Price Unit: $1,543.29
  • Market Cap: $5,331,622,814
  • Distinct Features: Users can use stETH in the same ways they can use ETH, including selling it, spending it, and using it as collateral for on-chain lending because it is compatible with DeFi. Users can exchange stETH for ETH once transactions are available on ETH 2.0.

The native to Lido tokenized version of staked Ether is called stETH. Lido is a liquid staking solution for Ethereum that has the support of numerous top staking companies. With it, staked ETH becomes liquid, and any amount of ETH may be used to participate.

The value of stETH includes your initial staking deposit and then daily staking earnings/rewards. Your stETH balance updates every day in order to show the earned staking rewards. This regular update is made possible by rebasing the token supply.

When used like ether, Lido’s stETH gives users the opportunity to receive Eth2 staking benefits in addition to rewards from integrated platforms like Curve and SushiSwap.

Exchange: stETH is currently trading live on Bybit, Gate.io, Huobi, MEXC, and XT.COM.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.

Image Source: kviztln/123RF // Image Effects by Colorcinch

Tags: Ethereum
Previous Post

Avalanche Price Analysis & Prediction (March 2nd) – AVAX Finds Key Level After 20% Losses, Rebound Coming?

Next Post

The Ultimate Crypto Portfolio For 2023: Invest In Ethereum (ETH), Uniswap (UNI) and Orbeon Protocol (ORBN)

Related Posts

Featured

Netflix Casts Leads for FTX Drama

May 30, 2025
Featured

Trump’s Meme Coin Dinner Under Investigation

May 29, 2025
Bitcoin Shakes as Trump Talks Tariffs Again
Featured

Bitcoin Shakes as Trump Talks Tariffs Again

May 27, 2025
Featured

Biden Blocks Crypto, Bitcoin Could Hit $150k

May 18, 2025
Featured

Another Trump-Linked Memecoin Coming

May 12, 2025
Featured

Fartcoin Faces Risk as Momentum Slows Down

May 5, 2025

Press Releases

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?
News

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

by Alex Mercer
May 25, 2025

Introduction It seems the U.S. labor market has hit a pothole—again. The Kansas City Fed’s Labor Market Conditions Index (LMCI)...

Read more
Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

May 23, 2025
Dogecoin’s Ready to Bark Again—Could $0.30 Be the Next Fetch?

Dogecoin Ready to Bark Again—Could $0.30 Be Next

May 20, 2025
Ethereum Climbs While PEPE Reloads—Who's About to Explode

Ethereum Climbs While PEPE Reloads—Who’s About to Explode?

May 18, 2025
Trump Meme Coins Spark Calls for Treasury Review

Trump Meme Coins Spark for Treasury Review

May 15, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier