Ankr Network is a Web3 infrastructure and decentralized cloud computing platform that provides developers with the tools and resources they need to build, deploy, and manage decentralized applications (dApps). Ankr Staked ETH (aETH) is a staked ETH derivative that allows users to earn staking rewards without having to lock up their ETH for a fixed period of time. aETH is also liquid, meaning that it can be traded and sold on exchanges.
Ankr Staked ETH is created when users stake their ETH on the Ankr platform. Once staked, the ETH is used to validate transactions on the Ethereum blockchain. In return for staking their ETH, users earn rewards in the form of aETH. aETH can then be used to interact with dApps or traded on exchanges.
One of the key benefits is that it allows users to earn staking rewards without having to lock up their ETH for a fixed period of time. This is because Ankr uses a liquid staking model, which means that users can redeem their aETH for ETH at any time. This is in contrast to traditional staking models, where users typically have to lock up their ETH for a fixed period of time, such as 30 or 90 days.
Another key benefit is that it is more efficient than traditional staking methods. This is because Ankr uses a pooled staking model, which means that the ETH staked by users is pooled together and used to validate transactions on the Ethereum blockchain. This allows Ankr to achieve a higher staking utilization rate, which means that users earn more rewards.
Ankr Staked ETH is also more accessible than traditional staking methods. This is because Ankr does not have a minimum staking requirement. This means that users can stake any amount of ETH, regardless of how much they have. This makes Ankr Staked ETH a good option for users who are new to staking or who do not have a lot of ETH to stake.
Overall, Ankr Staked ETH is a good option for users who want to earn staking rewards without having to lock up their ETH for a fixed period of time or who want to stake ETH in a more efficient and accessible way.
Here are some of the benefits of using Ankr Staked ETH: