Ethereum

Cross-posting a thought on staking from the other app:

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Perhaps we should recognize that 32 ETH is much more of a barrier for stakers than bandwidth reqs, and temporarily do a trade where we up the bandwidth reqs a bit and in exchange drop the staking deposit minimum to eg. 16 or 24 ETH.

It's net-good for both staking accessibility and scale. Then once we figure out peerdas, bandwidth reqs go back down, and once we figure out orbit SSF, the deposit minimum can drop to 1 ETH.

Counterpoint: at 32 ETH, one validator makes ~$3k a year = only very slightly more than the zero-labor option of holding stETH/rpETH.

The limiting factor isn't stake--it's the complexity and toil of running a validator. Make it painless to validate and many more will do it!

EthStaker

Lots of ways to be earning much more on your eth than the 2-3% a solo staking node earns

Is there anything Ethereum/anyone is doing to raise the incentives to solo stake from home? The opportunity costs is $3-10k/year 😓

It’s actually less profitable to run your own node than just do low-risk DeFi stuff

Real World Ethereum 🌎 
building /daimo ✳️ 

It’s actually less profitable to run your own node than just do low-risk DeFi stuff

https://warpcast.com/brenner.eth/0x381c0114

Values-Aligned Communities | citizen of Black Rock City

I agree and stake to secure the network, not to minmax my returns. Otherwise I would buy LSTs (or just lend USDC to Aave if I didn’t care about holding ETH)

PhD in aviation ∩ climate science | Aviator, diver, Etherean, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

Same. We should still make it less costly (mostly measured in devops toil!) to run one.

Otherwise you risk a barbell: huge orgs like CB and Lido + hobbyists who don’t value their time.

You really want the middle to stake, too. Most founders and serious eth holders should participate in the network.