Reference APR
2.8%
Redemption Period
5 days
ETH Staking
Participate in ETH staking without the prerequisite of having 32 ETH. Users will be issued ksETH in a 1:1 ratio as the exclusive proof-of-stake, ensuring both liquidity and staking rewards.
ETH Staking
My Staking
HistoryMy ksETH
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Yesterday's Yield
*** ksETH
Total Yield
*** ksETH
ETH Staking Features
Liquidity
Going forward, KuCoin will support the Convert and Loan for ksETH to provide liquidity and value to users, thereby solving the issue of ETH liquidity.
No Minimum Entry
Easily participate in ETH staking without having to know how to run a validator or depositing 32 ETH to activate validator software.
FAQ
1. What is ETH staking?
ETH Staking refers to the act of staking ETH to obtain rewards, which was enabled when Ethereum shifted its network to POS (proof of stake).
2. What is ksETH?
ksETH is a type of proof of stake issued by KuCoin. Those who possess this token can obtain staking rewards and will have access to various benefits on the Ethereum mainnet. Users who stake ETH through KuCoin Earn will receive an equal amount of ksETH. ksETH can be deposited into your Funding Account or Trading Account, and can be used for trading regardless of redemption periods to quickly obtain ETH.
3. How does ETH staking solve the liquidity issue?
Currently, staked ETH can already be redeemed at any time, but this still includes a waiting period. By issuing ksETH tokens that support the ksETH/ETH trading pair, KuCoin provides a tokenized proof of the staked ETH, allowing users to freely trade their related assets.
4. Can I redeem my staked ETH?
You can now simply go to the page for redeeming ETH and directly return your ksETH to obtain ETH at a 1:1 ratio. However, there will be a waiting period during the redemption process.
5. How long are redemption waiting periods?
Redemption waiting period depends on on-chain redemption times. Whenever on-chain redemption waiting times change, KuCoin makes adjustments accordingly.
6. How are rewards distributed?
KuCoin distributes rewards to users participating in ETH staking on KuCoin Earn. After deducting operating costs for validator servers, the remaining amounts are distributed to users based on their ksETH holdings. Daily rewards are deposited into the Funding Account and will be received on the following day (T+1). Users can view their daily rewards on the Redemptions page.
7. What are the possible risks of ETH Staking?
Participating in ETH Staking could lead to returns that are below expectations due to factors such as slashing penalties or unstable servers and networks. Users may also incur opportunity costs if the project does not progress as anticipated.