All the Ways to Stake

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Eth2 is fast approaching, and we are all getting ready to join in. But from running your own client software to handing over your ETH to a custodial service provider, there are many different and distinct ways to stake. In this piece, we’ll cover all of your staking options in one place. Check back as the list grows and changes over time!

DIY Staking

In order to participate in Eth2 solo there are some basic technical requirements that need to be met (and constantly maintained). A DIY staker must simultaneously run an Eth1 node, Beacon Chain node, and Validator client.

The technical specifics of how to manage this connection are extensive, and better suited for another post. But in essence, a DIY staker will need to become familiar with using and sending ETH on Eth1, as well as ensure an uninterrupted connection to Eth1 and the Beacon Chain. In addition, it is imperative that security precautions are made that protect private keys and that verify the correct execution of duties assigned by the blockchain.

 

If a DIY staker wants to run multiple validators, additional security and infrastructure considerations are required to orchestrate all of the above responsibilities effectively. Realistically, all of these technical considerations make Eth2 staking quite difficult for non-technical individuals.

Staking Services

To streamline Eth2 staking, staking services alleviate the technical barriers to joining the network. But before entrusting any particular service with your ETH (or not, in the case of non-custodial services), it is important to understand how staking services manage user private keys. Generally, the more centralized or ‘custodial’ the service, the higher the security risks and penalties its users may face.

If you’d like a refresher about Eth2 keys and centralized slashing risks, we’ve got a blog post that dives a little deeper into the matter.

So what staking services are out there, how are they unique and how do they compare?

We’ve mapped that out for you. Read on for a more detailed comparison of each provider. Please note that we gathered the data as best we could, project and community members are welcome to send us missing information or improvement suggestions on our Discord channel!

  • Non-Custodial
  • Open Source
  • Min. Staking Amount: 32 ETH
  • Fee: Free for a limited time

Blox

We’re committed to decentralization and trustlessness and that’s why we created the world’s first non-custodial staking platform. Staking with Blox requires absolutely no key sharing; in fact, each user has a dedicated remote signer stored directly on their own cloud account. The remote signer, KeyVault holds a user’s private validator keys and executes duties sent from the blockchain via Blox Infra nodes. A user manages their validator (or validators) locally using a Desktop App, Blox Live featuring a performance monitoring dashboard.

Fully non-custodial, easy to use, advanced slashing protection, security-driven.

Current min. staking deposit is 32 ETH. Soon to change with the release of staking pools.

Stakefish

www.stake.fish

  • Custodial
  • NOT Open Source
  • Min. Staking Amount: 32 ETH
  • Fee: ?

An industry player with a lot of experience, A spin-off from F2Pool, Stakefish offers staking services for a number of different blockchains including Tezos, Polkadot & soon to include Eth2. Stakefish is committed to secure and grow PoS blockchains, and its goal is to create the security backbone for staking based projects.

Robust validator infrastructure experience, distributed team.

Custodial.

StakeWise Pool

www.stakewise.io/app/pool

  • Custodial
  • NOT Open Source
  • Min. Staking Amount: Any
  • Fee: 10% of rewards

A staking platform for Eth2 with a number of different configurations. StakeWise’s initial product is a web-based, staking pools network with a comprehensive monitoring dashboard. They offer custodial staking pools as well as semi-custodial private staking pools. Stakewise mints Deposit Tokens and Reward Tokens for each ETH deposit and the rewards earned from staking. This enables users to exchange or transfer their stake in early phases of Eth2.

Great UI, easy integration with API & smart contracts, low minimum deposit.

Custodial.

StakeWise Solo

www.stakewise.io

  • Semi-Custodial
  • Not Open Source
  • Min. Staking Amount: 32 ETH
  • Fee: 10 DAI/validator/month

The solo version of StakeWise’s product offerings. StakeWise Solo has the same great dashboard as StakeWise Pools but the user has a dedicated validator (or validators). Stakewise mints Deposit Tokens and Reward Tokens for each ETH deposit and the rewards earned from staking. This enables users to exchange or transfer their stake in early phases of Eth2.

Easy integration with API & smart contracts, great UI.

Semi-Custodial: user retains withdrawal key only.

Bison Trails

www.bisontrails.co

  • Semi-Custodial
  • Open Source
  • Min. Staking Amount: ?
  • Fee: ?

A diverse staking platform that allows users to secure nodes on multiple blockchains. Bison Trails runs nodes across multiple geographical locations and cloud providers and its mission is to allow non-technical users to interact with Proof of Stake networks and earn rewards without the hassle of manually managing participation. Bison Trails’ robust blockchain infrastructure currently supports 19 blockchains.

one platform for multiple proof of stake blockchains, open-source.

Semi-custodial: Users retain withdrawal key only.

Ankr

www.ankr.com/stkr

  • Semi-Custodial
  • Open Source
  • Min. Staking Amount: ?
  • Fee: ?

The Stkr platform from Ankr enables Eth2 staking solo or in mini pools. Stkr is a DeFi protocol for Eth2 staking and liquidity powered by ANKR token. Stkr aims to create a marketplace which builds a bridge between providers and requesters, and to allow them to meet on its infrastructure. Users receive a 1:1 ration of aETH which represents their amount staked. Users can then sell or exchange their initial staking amount at any time before withdrawals are allowed on Eth2. Please note that staking rewards are non transferable until later phases. Ankr will start with Eth2 and in the future plans to expand to other Proof of Stake blockchains.

Offers solo staking or pools, ability to withdraw before Phase 2

Semi-Custodial.

Attestant

www.attestant.io

  • Semi-Custodial
  • Open Source
  • Min. Staking Amount: 1000 ETH
  • Fee: 17.5% of rewards

An Eth2 managed staking service with a robust infrastructure and strong business acumen. Attestant offers semi-custodial staking for institutional grade clients who wish to hold on to their withdrawal keys. Attestant provides professional reporting at varying level of detail according to its users’ preferences.

Multiple separate server clusters in different geographical locations, institutional grade reporting available.

Semi-Custodial: user retains withdrawal key only.

Bitcoin Suisse

www.bitcoinsuisse.com

  • Custodial
  • Not Open Source
  • Min. Staking Amount: Any
  • Fee: 15% of rewards + VAT (if applicable)

An online platform through which you can deposit crypto or fiat money for all inclusive, custodial staking. Bitcoin suisse offers all inclusive staking services for a number of blockchains including Tezos, Cosmos and Polkadot.

Simplified staking.

Custodial.

EtherChest

www.etherchest.com

  • Custodial ?
  • Not Open Source
  • Min. Staking Amount: 0.1 ETH
  • Fee: 10% of rewards

EtherChest is an Eth2 Ecosystem built on a foundation of beacon nodes, validator wallets and smart contracts. This staking service is powered by a set of smart contracts which control the minting of tokens, manage the maturity of tokens, binds them to the amount of ETH a user stakes, plus the future rewards over the lifetime of that stake, and oversees the distribution of user rewards. Users receive non-fungible tokens (NFTs) which are tied directly to the stake and rewards over the life of that token. Etherchest’s tokenomics includes a number of different token reward types.

Low minimum staking deposit, multi-client.

Custody level unknown.

P2P Validator

www.p2p.org

  • Semi-Custodial
  • Not Open Source
  • Min. Staking Amount: ?
  • Fee: 10% of rewards

P2P Validator offers staking services for a number of Proof of Stake blockchains including Tezos, Cosmos and Kava. The service offers exhaustive cross-network analytics to help users track rewards and analyze the value of different stakes.

Average uptime of 99%.

Semi-Custodial: user retains withdrawal key only.

Staked

www.staked.us

  • Custodial
  • Not Open Source
  • Min. Staking Amount: 32 ETH
  • Fee: $5/validator

Staking service provider for large ETH holders, institutional investors, custodians and exchanges that provides services for multiple Proof of Stake blockchains.

Robust slashing protection, globally distributed cloud environment, multi-client.

Custodial.

Rocket Pool

www.rocketpool.net

  • Semi-Custodial
  • Not Open Source
  • Min. Staking Amount: 0.01 ETH
  • Fee: ?

Rocketpool is a staking network of Stakers and Node Operators that allows anyone to stake almost any amount of ETH. Stakers deposit ETH which is assigned to Node Operators for staking. Stakers receive rETH after depositing which represents the amount staked and the staking rewards generated. Node Operators must stake at least 16 ETH in order to be eligible to maintain server infrastructure and run Rocket Pool node software, thereby coordinating network activity. A Node Operator’s validator is therefore made up of their 16 ETH, and 16 ETH pooled from a cluster of stakers.

Low minimum staking deposit.

Semi-Custodial.

Binance

www.binance.com/en/defi-staking

  • Semi-Custodial
  • Not Open Source
  • Min. Staking Amount: 0.01 ETH
  • Fee: ?

One of the largest centralized exchanges, Binance offers custodial staking for a number of different blockchains.

Easy to use, largest custodial exchange in the world.

Custodial.

Lido Finance

www.medium.com/lido-finance/introducing-lido-ca193431c82

  • Semi-Custodial
  • Not Open Source
  • Min. Staking Amount: Any
  • Fee: ?

Lido’s mission is to lower the illiquidity barrier to entry associated with Eth2. With Lido, one can stake any amount of ETH and receive bETH, a token that represents their ETH stake 1:1. A users bETs balance is updated on a daily basis and allows users access to staking rewards before withdrawals are available in later phases. bETH is compatible to be used in DeFI and can be used in the same ways as ETH. Users will be able to redeem bETH for ETH when transactions become available in later phases.

Makes staked ETH liquid, low minimum staking amount.

Semi-Custodial: users retain withdrawal key only.

Codefi

www.codefi.consensys.net/staking

  • Multiple Custody Configurations
  • Open Source
  • Min. Staking Amount: ?
  • Fee: ?

Enterprise grade staking for Eth2, Codefi is a white-label, institutional grade API. Codefi is powered by Consensys and allows large scale institutional players to stake on Ethereum (or stake on behalf of their clients) with ease. Binance, Crypto.com, DARMA Capital, Huobi Wallet, Matrixport, and Trustology are the first round of pilot program participants set up with the platform.

Large industry player with a lot of experience, multi-client.

Custodial staking configurations available.

LiquidStake

www.liquidstake.com

  • Custodial
  • Not Open Source
  • Min. Staking Amount: Any
  • Fee: ?

An industry first, Liquid Stake pools their clients’ ETH and delegates the combined funds to other staking service providers for Eth2 staking. Users can take out a USDC loan with their ETH at stake used as collateral right away or at a later date if desired. LiquidStake closely monitors the health of the validators entrusted with their clients’ ETH and provides regular updates on rewards status and node behaviour of their pools.

Instant liquidity, low minimum staking deposit.

Use custodial platforms.

Alchemy

www.alchemyapi.io

  • Semi-Custodial
  • Open Source
  • Min. Staking Amount: ?
  • Fee: ?

Alchemy is a developer platform that provides development and infrastructure tools that contribute to the growth of blockchain applications. Their mission is to make blockchain accessible to all developers and bring blockchain technologies to a larger audience.

Solely focused on Ethereum staking.

Semi-Custodial: User retain withdrawal key only.

Everstake

www.everstake.one

  • Custodial ?
  • Open Source
  • Min. Staking Amount: Any
  • Fee: ?

Everstake provides staking services for institutional investors and regular token holders on a number of blockchains includinging Tezos, Cosmos & Harmony.

99.9% uptime, low minimum staking amount.

Custody level unknown.

Staking Facilities

www.stakingfacilities.com

  • Custodial ?
  • Not Open Source
  • Min. Staking Amount: ?
  • Fee: ?

Staking Facilities is an institutional grade Proof of Stake infrastructure provider for a number of networks including Tezos, Polkadot and Kusama. Staking Facilities puts down a substantial self-bond for every validator created on their platform. The in depth staking dashboard offers comprehensive analytics which can be conveniently exported as a CSV.

Geographically distributed nodes, self-bond for each validator created.

Custody level unknown.

Join us as we continuously add more staking services, and let us know if there are any others you think should make the list.

 

Safe Staking,

Team Blox

More to explore

All the Ways to Stake

Eth2 is fast approaching, and we are all getting ready to join in. But from running your own client software

Blox Staking Mid-Audit Update

In the sake of radical transparency, we’re sharing Least Authority’s initial report of our recent audit focused on the security