More than 1 million ETH received on the Ethereum 2.0 deposit contract

Users contributed more than 1 million ETH to the deposit contract of the second version of the Ethereum protocol.

At the time of writing, the balance of the corresponding address is 1,000,130 ETH, which is equivalent to $ 603 million at current exchange rates.

The deposit contract allows you to send ETH from the existing network to ETH2, confirming the powers of the stakers.

The ecosystem of the new version of Ethereum has more than 23 thousand active validators, the participation rate is 97.59%, according to Eth2 Rewards Bot.

—Current Network—
🤑 Reward rate: 17.86%
👨‍🌾 Participation rate: 97.59%
💻 Active validators: 23,022

—Queue—
⏰ Wait time: 8 days, 10 hours
💻 Validators: 7,593

—Projected Annual Returns—
Ξ 5.72 ($3,498.18)

— Eth2 Rewards Bot (@Eth2Bot) December 3, 2020

According to Staking Rewards, the annual current annualized return on ETH2 staking is around 16.5%.

As planned, the launch of Ethereum 2.0 phase zero took place on December 1.

Read more about the new system, features of the current Beacon Chain phase, and the future stages of ETH2 development in our article.

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