Eth 2.0 Promises 8 Percent Annual Yield!
Ethereum 2.0 is a new generation version of the Ethereum blockchain. It is aimed to overcome the scaling problems in Ethereum's first version 1.0. In the current state of Ethereum, an average of 15 transactions can be made per second and this capacity is insufficient.
Ethereum, the world's second largest cryptocurrency by market cap, is scheduled to be upgraded to ETH 2.0 next year. One of the advantages for investors is that they will be able to receive "staking rewards" similar to interest payments.
It corresponds to approximately 8 percent per year..
This new version aims to offer traders in traditional markets a fluid betting route on cryptocurrencies, completely eliminating the hassle of directly buying digital assets.
Products such as Staked Eth Trust, Lido Finance's liquid stock or Coinbase's Beacon Chain ether (BETH) also fit in with Eth 2.0.
Due to the highly crypto-specific knowledge, these products are currently not preferred by institutional players.
After the excessive corporate interest in Bitcoin, the next step is naturally Ethereum, but how?
Famous crypto expert Tim Ogilvie has a group of investors who believe the risk/return ratio on Ethereum is significantly higher compared to Bitcoin. But if Eth 2.0 is successfully implemented, you can always have a diminishing combination of supply and you can earn extra returns by buying a share in addition.
Eth 2.0 Promises 8 Percent Annual Yield!
Source:
https://www.coindesk.com/
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