Ethereum (ETH)

Ethereum is an open-source Layer 1 blockchain designed to enable decentralized applications. The network is secured using a Proof-of-Stake (PoS) consensus mechanism, and its native token, ETH, allows token holders to collect protocol staking rewards for helping secure the network.

Market Cap

$225.2B

Staking Reward Rate*

2.64%

Price

$1,865.96

Auto-Compounding

No

Reward Frequency

1 Epoch (<Hour)

Activation

Varies

Withdrawal

Varies on Queue

Slashing Penalties Enabled

Yes

*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.

Why Stake Ethereum With Figment?

• The Ethereum mainnet went live on July 30, 2015
• Largest PoS Blockchain by Market Cap
• Staking withdrawal functionality was enabled in Q2 2023 with the successful Shapella upgrade
• Longest running smart contract platform
• Largest pool of staked assets among all networks $34B

Ethereum Staking FAQ

What is Figment's latest ETH staking performance?

Figment’s average SRR Rate throughout Q2 was 3.15%. Read more about our Q2 ETH Performance.

What are the different types of ETH rewards?

There are two different types of ETH rewards.

• Consensus layer (CL) rewards consist of new issuance from attestations, block proposals, and sync committee participation.
• Execution layer (EL) rewards are received by validators only when they are proposing blocks.

What is the unstaking period for unstaking ETH?

Unstaking on Ethereum requires permanently exiting your validator from the active set. The total amount of time it takes to unstake on Ethereum varies.

What types of rewards reporting does Figment offer?

Figment provides rewards reporting via your Figment account.

Can I access my ETH rewards while continuing to stake?

Post Shanghai & Capella upgrades, partial withdrawals allow stakers to access a portion of their CL rewards.

How does Figment mitigate ETH staking risks such as slashing?

Figment mitigates ETH staking risks such as slashing by applying our “safety over liveness” approach, which prioritizes security.