Ethereum co-founder Vitalik Buterin sent 3200 ETH (~ $ 1.3 million) to the deposit contract of the second version of the protocol. At the time of writing, the balance of this address is 5,585 ETH (~ $ 2,46 million).
The deposit_contract allows you to transfer ETH from the existing network to ETH2, confirming the powers of the stakers.
In a conversation with The_Block, Buterin noted that he expects the interest of community members to continue to send funds to the deposit contract. The incentives will be “the desire to master the tools and the growing confidence that users are not accidentally withdrawing ETH from cold storage,” he added.
The launch of the zero phase of Ethereum 2.0 will_take_place on December 1. Its condition is the participation of 16 384 validators, which by this time must have contributed a total of 524 288 ETH. The minimum threshold for participating in Ethereum 2.0 staking is 32 ETH.
“There are few precedents. You can recall the 2015 [Ethereum] token sale. On the first day there was a significant (but disappointing) level of participation, then very little in the next 11 days, and on the 13th and especially on the 14th day (the last day of full discount) there was a huge spike when about half of all coins were on sale. Thus, there is a high probability that there will be a period of calm and excitement in the last week of November. But these are just my thoughts, let's see, "- shared his expectations Buterin.
The Ethereum co-founder retweeted a post about the need to use Launchpad to deposit Ethereum 2.0 staking. The reason is that the contract does not accept direct deposits from personal wallets. In the case of sending funds from the exchange, there is a high probability of losing funds, since it is unlikely to deal with the return of the transaction.
https://twitter.com/technocrypto/status/1324038121181335552?s=20
- technocrypto
Earlier, Ethereum 2.0 lead developer Danny Ryan said that the launch of the ETH2 deposit contract will take place in the first half of November.
Analysts at Consensys Codefi suggested that the high profitability of DeFi protocols could pose a threat to staking in Ethereum 2.0.