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Ethereum staking yield is losing to cash rates, so why are investors still lining up?

CryptoSlate
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Ethereum staking yield is losing to cash rates, so why are investors still lining up?

Put €10,000 into Ethereum staking at a 2.2% annual return and, if ETH's price stays unchanged, you'll earn about €220 over a year. That's just €7 more than the same amount would earn at the average rate on new euro household deposits with maturities up to one year, but with Ethereum's price volatility attached to… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. Put €10,000 into Ethereum staking at a 2.2% annual return and, if ETH's price stays unchanged, you'll earn about €220 over a year.
  2. That's just €7 more than the same amount would earn at the average rate on new euro household deposits with maturities up to one year, but with Ethereum's price volatility attached to… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
  3. Get The Catalyst in your inbox
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.