DeFi for Dummies: Turn ETH into a Productive Asset with SharedStake

Participate in ETH2.0 ahead of the curve! Validate ETH transactions to earn fee rewards with SharedStake shared validators. No need for 32ETH - stake what you want

Take one step closer to sovereignty every single week, join the DeFi Slate community below:

DeFi Slate Fam:

Clearly, we are all familiar with Ethereum by now. But Ethereum is changing.

EIP1559 and and ETH2.0 are months away from sparking a transition from Proof of Work to Proof of Stake. Three major consequences result from this shift:

1. Lower Gas fees, Faster Transaction times (ETH2.0)

2. Energy Efficient (ETH2.0)

3. Deflationary Asset (EIP1559)

The digital economy is transforming and Ethereum is the catalyst.

If you’re holding ETH, it’s going stale in your wallet unless you’re earning yield.

SharedStake is a platform that unlocks the benefits of ETH2.0 and even more. Swap your ETH for vETH. Your tokenized portion of a shared validator node. Earn rewards from validating ETH transactions and stake your vETH into their farms for additional yield.

Check out below. Enjoy degens!

-Rob

---

It’s harvest season. Farm like a pro on mstable :)

High-Yield Savings Account & Leverage Your Assets with Aave.

Non-custodial money market protocol leading the #DeFi charge.

---

Wiretap Wednesday: Turn ETH into a Productive Asset with SharedStake

---

👀 Sponsor Update: DeGate is a Decentralized Layer 2 Exchange with low fees and fast transactions. Direct fiat to Layer 2 ramp avoids L1 so no more gas fees eating your stack.

Degate is currently on testnet and launcing mainnet with Arbitrum Layer 2 Tech

---

⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.

---

Liked this post? Share with a friend :)

🚀 Join Our Inner Circle And Become A Certified DeFi Degen!

🌐Check Us Out On Twitter!

🚀Join the community on Telegram Channel to get our free V.1. yield farming guide!

🎤Subscribe to our YouTube channel!

Last week in review:

• 🎙DeFi By Design EP #34: How Argent Mobile Wallet Will 10x User Growth

• Understanding How To Properly Use DEXs in DeFi To Gain An Edge

• Master It Monday: How to Optimize Your Security In DeFi

• Bringing DeFi to the Masses In 2021 using L2 DeversiFi

Check out some previous interviews:

• DeFi Slate x Nate Hindman: AMMs & Bancor V2

• DeFi Slate x TheEther: A social governance experience for Ethereum

• DeFi Slate x Jeff Jihoz: Web 3.0 Gaming Axie Infinity

• DeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFi

• DeFi Slate x Szymon  Sypniewicz: Onboarding Retail with Ramp

• Recent tweets:

DeFi ‘MIA🏝’ Slate🦇🔊 @defislate

its official etherruim is ded

DeFi ‘MIA🏝’ Slate🦇🔊 @defislate

Why @AaveAave is the #DeFi powerhouse & what makes the protocol, brand, team and community so effective in creating maximum value for their users and the industry as a whole [THREAD + TUTORIAL]

DeFi ‘MIA🏝’ Slate🦇🔊 @defislate

Arbitrum mainnet comes out end of month Optimism mid July EIP-1559 mid July DeFi on layer 2 with billions of TVL by Q3/Q4 '21 ETH 2.0 Staking in '22 AND YOURE FUCKING SELLING YOUR TOKENS TO GOLDMAN SACHS? GET A GRIP MATE

DeFi ‘MIA🏝’ Slate🦇🔊 @defislate

Arbitrum mainnet comes out end of month Optimism mid July EIP-1559 mid July DeFi on layer 2 with billions of TVL by Q3/Q4 '21 ETH 2.0 Staking in '22 AND YOURE FUCKING SELLING YOUR TOKENS TO GOLDMAN SACHS? GET A GRIP MATE

Andy @ayyyeandy

Aping $MATIC heavier as soon as I land off this flight Leading the eth scaling debate without a question. Top 15 token soon, $10B mcap easy. Listen to our podcast w their GIGAbrain dev @sandeepnailwal if you’re curious about Ethereum scaling:

open.spotify.com🎙DeFi By Design EP #26: What You Need To Know About Scaling Ethereum L2Listen to this episode from DeFi Slate on Spotify. Take one step closer to sovereignty every single week, join the DeFi Slate community below:Spotify | YouTube | iTunes | R.S.S. FeedDeFi Slate Fam:The scaling focus has become so important, entire teams and projects have tossed out their roadmaps an…

DeFi ‘Rollups’ Slate @defislate

Well that’s a nice thing to wake up to!! What should we ape? Thinking $sDEFI 🚀 https://t.co/Q5yvHk5K3N

dHedgeBot @dHedgeBot

🐋 $20,000.00 $sUSD deposited to DeFi Slate Fund Pool managed by @defislate on #dHEDGE https://t.co/hlYxMFjVqn https://t.co/8sldR87L3N

DeFi Slate @defislate

Today in our headquarters (link in bio) we posted a market outlook & portfolio strategy for the upcoming rotation ahead We included the $ETHBTC breakout, what to look for in #DeFi tokens, and what moves were looking to do in the next few months Exciting times ahead!!!

DeFi Slate @defislate

Gas is lower on the weekends - now's the time to let someone else manage your investments for you with @dHedgeOrg 👀 youtube.com/watch?v=ZujX8e…

DeFi 'ETH Is $$$' Slate #vaccinated @defislate

Recently had calls with a financial advisor buddy of mine and man oh man is the TradFi market in trouble when they see what DeFi has coming for them And right now its light years away until your advisor is telling you to dump USDC into Aave and earn 8%

DeFi ‘MIA🏝’ Slate🦇🔊 @defislate

DeFi For Dummies #16: What is gwei? Gwei is the denomination of Ethereum (1 gwei = 0.000000001 ether). Its often used for gas price calculations ✅ #DeFiForDummies

Andy @ayyyeandy

Bitcoin is our gold. Ethereum is our money. Altcoins are our venture equity bets. DAOs are our new corporations Community is the new CEO. And decentralization is breeding collaboration more than ever before

DeFi ‘MIA🏝’ Slate🦇🔊 @defislate

DeFi For Dummies #45: “What is Chainlink?“ Chainlink is a decentralized oracle network and cryptocurrency that provides real-world data to blockchains. More here: finance.yahoo.com/news/chainlink… #DeFiForDummies

finance.yahoo.comWhat Is Chainlink and Why Is It Important in the World of Cryptocurrency?Blockchain has seen a staggering rise in popularity since Bitcoin, the first cryptocurrency, launched in 2010. Blockchain has a number of advantages...

DeFi Slate @defislate

Transferring funds to @0xPolygon L2 network as we speak... Ethereum scaling is here Welcome to the future of france