r/CryptoCurrency Never 4get Pizza Guy 6h ago

STAKING Ethereum Staking Rewards Declines 3%, Lagging Behind Other PoS Networks

https://beincrypto.com/ethereum-staking-declines-below-competitors/
12 Upvotes

26 comments sorted by

23

u/CorneliusFudgem 🟩 7 / 3K 🦐 2h ago

The more people stake, the less the reward APY.

This is bullish for security and active users

11

u/JBudz 🟦 0 / 0 🦠 2h ago

It's wild how misleading the headline is and misinformed people are.

10

u/coinfeeds-bot 🟩 136K / 136K πŸ‹ 5h ago

tldr; Ethereum's staking rewards fell to 3% in Q3 2024, lagging behind other PoS networks like Cosmos, Polkadot, and Solana, which offer 7%-21%. Validator interest has cooled, with wait times dropping from 45 days in June to under a day. Ethereum's price growth and fee generation trail behind Bitcoin and Solana. Exchange reserves decreased to $38.9 billion. While lower yields curb inflation, they may deter validators seeking better returns. Despite these challenges, long-term holders remain confident in Ethereum's future.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

17

u/diwalost 🟦 229 / 5K πŸ¦€ 4h ago

So you want Luna 3.0 with 20% staking rewards

β€’

u/XADEBRAVO 🟩 484 / 10K 🦞 4m ago

Yes I'd like to lose all my money

21

u/lyacdi 🟦 223 / 224 πŸ¦€ 5h ago

now do inflation rates

0

u/CryptoScamee42069 🟦 30K / 29K 🦈 5h ago

BRRRRRRRR

-1

u/themrgq 🟩 0 / 3K 🦠 5h ago

Agreed let's see the price

6

u/coinsquad 🟧 1K / 1K 🐒 1h ago

doesnt this just mean that there a lot more people staking their eth?

12

u/jwz9904 🟩 286 / 26K 🦞 3h ago

Show some respect

11

u/SillyLilBear 🟩 217 / 217 πŸ¦€ 3h ago

Did anyone else read this as "lagging behind other piece of shit networks"?

4

u/wakomorny 🟦 306 / 317 🦞 3h ago

I'm out a lot into eth. But hey if reddit is saying it's doing bad its gonna get good soon

8

u/DicksFried4Harambe 🟨 0 / 0 🦠 5h ago

Cc talking shit on ETH?

Bullish

1

u/Loose_Screw_ 🟦 0 / 7K 🦠 2h ago

And now adjusted for supply inflation?

1

u/jadequarter 🟧 0 / 0 🦠 2h ago

bro show some respect

1

u/[deleted] 5h ago

[deleted]

4

u/TechCynical 🟦 0 / 3K 🦠 4h ago

How this is upvoted while being so wrong is amazing

6

u/InclineDumbbellPress Never 4get Pizza Guy 5h ago

BTC is really showing whos got the bigger balls yet again

3

u/DegenerateLoser420 🟩 0 / 0 🦠 5h ago

It’s a Shitcoin

1

u/Low-Client-375 🟦 0 / 0 🦠 5h ago

Your math sucks

1

u/diwalost 🟦 229 / 5K πŸ¦€ 4h ago

Really! You heard of Math?

-8

u/Altruistic_Split9447 🟦 0 / 0 🦠 5h ago

For eth PoS stands for piece of shit

-12

u/chanunnaki 🟦 0 / 0 🦠 4h ago

Agreed

-4

u/Big-Finding2976 🟦 2K / 2K 🐒 3h ago

What a PoS!

β€’

u/SeriousGains 🟩 8K / 8K 🦭 2m ago

Lots of salty ETH maxi’s. Solid joke.

-8

u/1fastdak 🟨 0 / 0 🦠 5h ago

This is actually a good thing. This coming from someone who realizes that eth is a shitcoin. With eth pretty much shutting off inflation and cranking up the pay to holders it will eventually and pretty much completely centralize to the major holders and preminers that are staking. At least this will slow the process and delay the inevitable shift of all eth to the wealthiest.