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How is lido generating revenue from stakes ETH?

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There is a 10% fee on ETH staking rewards split evenly between the node operators and the treasury.

Chester-Cool Автор вопроса
Chester-Cool Автор вопроса
cryptodenier (will NOT dm first)
Yes.

Hmm I thought eth 2.0 hasn't launched. Who is using eth POS. Are there any smart contracts running ?

Chester Cool
Hmm I thought eth 2.0 hasn't launched. Who is usin...

The Merge hasn’t happened yet, but anyone can already stake ETH on the beacon chain. https://ethereum.org/en/upgrades/beacon-chain/

Chester-Cool Автор вопроса
cryptodenier (will NOT dm first)
The Merge hasn’t happened yet, but anyone can alre...

I'm aware of the merge. I'm wondering where are the rewards coming from (10%) if no one's uses beacon chain

Chester Cool
I'm aware of the merge. I'm wondering where are t...

The rewards are coming from Ethereum, they reward stakers for securing the blockchain. The 10% is not the rewards itself, it’s the fee Lido takes off of the Ethereum rewards, so if they were to offer 5% to stakers, 0.5% would go to Lido as a fee.

Chester-Cool Автор вопроса
cryptodenier (will NOT dm first)
The rewards are coming from Ethereum, they reward ...

Thanks for the info. Any instances where staked eth got slashed?

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