How to Retire on Ethereum with Staking! What it takes, impact of ETH2.0 and best methods

#RetireOnEthereum #ETH2 #Ethereum #ETHStaking #Eth2Staking
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Can you retire on Ethereum by staking? What is the impact of ETH2.0 and what alternatives do we have and how can we turn 100K into $3M?

0:00 The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.

0:20 What is Ethereum 2.0
An upgrade of Ethereum that will change it from Proof-of-Work to Proof-of-Stake consensus
Eth2 is launched as a separate network to Ethereum, goal = migrate all of Ethereum over to Eth2 in phases

1:00 Ethereum 2.0 Phases
We have a long way to go with Ethereum 2.0. This is a journey. #1 Beacon Chian.
https://consensys.net/knowledge-base/...

2:00 Ethereum 2.0 Phases - Timelines
Beacon Chain - Live
The Merge - Dec 2020
Sharding - Late 2022

3:00 What is Staking?
Comparing POS vs POW, there aren’t any miners in POS instead it uses validators to maintain the security of the network.

4:00 Eth2 Staking: Important To Know!
Staking on Eth2 is one-way door - once you stake you will convert your Eth to Eth2

5:00 How Do Staking Rewards Work?

6:00 The Sweet Spot 10M ETH
Less than 10M - Higher Interest
More than 10M - Lower Interest

7:00 7.3M ETH Staked in ETH2 ($28bn)
https://www.stakingrewards.com/earn/e...

7:30 Interest Rate Equilibrium
If the total network stake is 10M ETH Validators stand to earn 5.72% interest a year. The network issuance rate is 0.55% a year.

8:00 Estimated Interest Rate

8:30 Ways to Stake
Current Rates as of Sep 2, 2021:

9:00 Staking Rates on Different Pools

9:30 Exchange/Lending Rates
Celsius
Voyager
BlockFi
Nexo
Gemini

10:00 Who are the Stakers?
43% is staked directly. 28% is done via exchanges. 19% on pools. 10% are whales.

10:30 Staking Options
Here are some staking options as u can see with some there are mins eg LIDO All Nodes BLOX

11:00 Staking 32 ETH over 10 Years
Assumes 5.53%. Given the ETH price of $3820.68 USD, the value of your original stake would be worth $129,018 after 1 year and $189,828 after 10 years.

11:40 CONCLUSION

12:00 Staking 32 ETH worth $3.1M in 10 Years
$122K
to
$3.1M in 10 years?
Assumes 5.53%. Given the ETH price of $3820.68 USD, the value of your original stake would be worth $129,018 after 1 year and $189,828 after 10 years. Will bring us to over $3M - SUPER CONSERVATIVE PRICE PREDICTIONS - always the risk of ETH failing

13:00 I like the easy button and gives me options to get out of the market rather than locking in my ETH

13:30 Celsius Network 5.35% up to 100 ETH

13:40 Voyager 4.6% - Easy Button

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