The Lifecycle of Staked ETH

August 10, 2023

Nearly 23 million ETH (19% of all ETH) is currently staked to the Ethereum Beacon Chain. For institutions looking to participate in ETH staking, Anchorage Digital Bank provides a streamlined manner to do so from secure custody. In this technical overview, we will explore the lifecycle of staking and unstaking ETH to help institutions better understand the process and timeframes involved. Step 3: Validator Queue - Pending After exiting the deposit phase, the validator automatically enters the “validator queue”. The total amount of ETH staked has grown 23% since the upgrade, with a deposit queue sitting at 80,000 validators while the withdrawal queue has zero.

The source of this news is from Anchorage Digital