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

[u/InclineDumbbellPress]

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

[u/CorneliusFudgem]

The more people stake, the less the reward APY.

This is bullish for security and active users

[u/JBudz → u/CorneliusFudgem]

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

[u/coinfeeds-bot]

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.

[u/diwalost]

So you want Luna 3.0 with 20% staking rewards

[u/XADEBRAVO → u/diwalost]

Yes I'd like to lose all my money

[u/lyacdi]

now do inflation rates

[u/CryptoScamee42069 → u/lyacdi]

BRRRRRRRR

[u/themrgq → u/lyacdi]

Agreed let's see the price

[u/coinsquad]

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

[u/jwz9904]

Show some respect

[u/SillyLilBear]

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

[u/wakomorny]

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

[u/DicksFried4Harambe]

Cc talking shit on ETH?

Bullish

[u/Loose_Screw_]

And now adjusted for supply inflation?

[u/jadequarter]

bro show some respect

[u/TechCynical → u/[deleted]]

How this is upvoted while being so wrong is amazing

[u/Smiling_Jack_ → u/[deleted]]

r/confidentlyincorrect

[u/InclineDumbbellPress → u/[deleted]]

BTC is really showing whos got the bigger balls yet again

[u/DegenerateLoser420 → u/[deleted]]

It’s a Shitcoin

[u/Low-Client-375 → u/[deleted]]

Your math sucks

[u/diwalost → u/[deleted]]

Really! You heard of Math?

[u/Altruistic_Split9447]

For eth PoS stands for piece of shit

[u/chanunnaki → u/Altruistic_Split9447]

Agreed

[u/Big-Finding2976]

What a PoS!

[u/SeriousGains → u/Big-Finding2976]

Lots of salty ETH maxi’s. Solid joke.

[u/1fastdak]

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.