An Overview of Ethereum Staking

Overview of ETH Staking globally
  • On September 6th, 2022, the Ethereum network underwent a transition known as “The Merge.” The merge transformed Ethereum from a Proof-of-Work (PoW) network to a Proof-of-Stake (PoS) network. Through the Merge, Ethereum’s mainnet and beacon chain, a separate proof-of-stake network, were combined.
  • On Ethereum's network, there are over 700,000 validators, representing roughly 20% of the entire supply of ETH.
  • The leading LSD platform operates more than 16% of all validator nodes in the entire Ethereum staking ecosystem, making it the largest single ETH staking entity by far.
  • The current distribution of ETH staking pools emphasizes a centralization issue for the state of Ethereum staking but also an opportunity. Many liquid ETH staking solutions have strict requirements for users and limited usability.
Representing the owners of the validators
  • Hord’s liquid ETH staking solutions will require no minimums from users, provide a secure and simple UX, and offer the highest APRs. Additionally, hETH will be available on various DeFi platforms to increase its attractiveness to traders and stakers.