Did you know you can earn passive income by operating nodes with cryptocurrencies like Ethereum? A typical ETH node requires a user to stake 32 ETH, but this project allows you to earn the benefits of ETH nodes with just 5 ETH! Let’s review how to use Stader SD and ETHx on Allnodes!
Stader Labs has multiple options to stake cryptocurrencies like Ethereum, Polygon, BNB, and Fantom to earn rewards. Today we’ll be taking a look at their ETH staking, which allows you to operate an ETH node with a fraction of the required ETH. Users can earn rewards in ETH and Stader token (SD). We’ll take a look at different hosting options, including Allnodes, and run through step by step, how to setup a node with Stader.
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⏰ Timestamps ⏰
00:00 Running Ethereum validator with 4 ETH
00:58 What is Stader?
01:27 Capital requirement for running a Stader node
02:19 Estimated Rewards
02:43 Types of validator setups
05:02 Signing up with Allnodes
05:20 Registering our Stader node
09:34 Providing tokens for our Stader node
10:50 Finalizing our validator deployment