How to stake Eigenlayer?

You can earn rewards for Eigenlayer through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.

When can I start earning rewards with Eigenlayer?

You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.

What are the risks around staking Eigenlayer?

Staking requires your Eigenlayer to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Eigenlayer. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.

How much can I make staking Eigenlayer?

The current estimated reward rate of Eigenlayer is 5.60%. This means that, on average, you can earn about 5.60% for current block/epoc rewards for Eigenlayer.

How many Eigenlayer tokens are currently staked?

Currently, 0.0 are staked, which means that the staking market cap of Eigenlayer is £0.0.