Eth2's deposit contract already has more than $600 million

The Et2 deposit contract continues to attract funds, even after the successful launch of the beacon chain.

On contractmore than 1 million ETH (about $600 million) have already been raised.it won't be closed, which means people can continue to make deposits and get rewards for steaking.

According to the developers, early stakers willreceive about 20% profit per year. Profits will fall as the number of validators increases. Anyone can become a validator of the Ethereum network – To do this, you need to deposit a minimum of 32 ETH per contract.

Steaking rewards will only be available after the start of Phase 1.5, which is expected to occur2022.

Recall that the zero phase of Eth2 – beacon chain – was launched on December 1st. For those interested in staking ETH, please read our Ethereum 2.0 staking guide.

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Based on materialswww.theblockcrypto.com