Possible opportunities for Ethereum 2.0 mortgage

During this time, the entire digital currency market has been in a state of turmoil. Bitcoin repeatedly rushed to 10,000 US dollars and was beaten back to the prototype. Ethereum fluctuated between 220 and 240 US dollars. Due to the sluggishness of mainstream coins, people's attention has gradually shifted to various altcoins, hoping to discover new opportunities and hidden treasures from a large number of unremarkable small currencies.

Recently, a number of Ethereum DeFi project tokens have had a good increase, but the development potential of these project tokens has always been limited. Because of the current low performance of Ethereum, these applications have not been able to play a large role, so it has brought Value is always limited .

I have shared the mortgage of Ethereum 2.0 with you in previous articles, and I think this may contain opportunities to continue for the next two or three years.

Ethereum 2.0 is currently developing the stage 0 beacon chain. The beacon chain is currently only launched on the test network. From the current progress, the test network is still progressing smoothly, so it is no surprise that the beacon chain main network may be launched at the end of this year.

Once the mining mode of the miners on the main beacon chain is changed to POS, and participating in POS mining requires nodes to mortgage ether, so the opportunity of Ethereum 2.0 mortgage may come this year.

According to the definition of the beacon chain, as long as 32 ethers are mortgaged, they can participate in the mortgage mining of the beacon chain. According to current estimates, at the initial stage of the beacon chain, since the number of nodes participating in the mortgage will be very small, the income of the mortgage will be relatively high. It is estimated that the annualized return rate can reach 25% or higher, and in the later period As more nodes are added, the rate of return will gradually decrease until it reaches a balanced state.

Therefore, participating in the mortgage of the beacon chain is an opportunity to obtain income. But this income is relatively fixed, and the mortgage by Ethereum may generate another greater opportunity, and that opportunity will likely continue for the next two to three years.

According to the beacon chain mortgage rules, users who participate in the beacon chain mortgage can choose to continue to participate in the mortgage once they have mortgaged 32 ether, or they can choose to withdraw from the mortgage after a period of time to get back the ether. But even if the user withdraws from the mortgage and gets back 32 Ether, the currency can no longer participate in transactions and transfers .

When will the user be able to trade and transfer the coins again? It has to wait until the last stage of Ethereum 2.0 (that is, stage 2) is completed. The earliest completion of this stage is estimated to be 2 to 3 years later.

That is to say, once the user participates in the staking of the beacon chain, regardless of whether he withdraws halfway, the Ethereum he participated in the pledge will be frozen in the account and cannot be traded and transferred in the next two to three years or even longer.

During this period, if the Ether has been appreciating, the user will feel at ease, **but if the Ether has fallen or experienced huge fluctuations during this period, then the user can only watch the market change without help. This is a huge psychological test for short-term operators and will make them feel that they have missed the opportunity to make a difference .

**Therefore, the market will definitely have a new business in the next few years-the borrowing of Ether . There must be a lot of users who participated in the beacon chain mortgage seeing a large change in the price of Ethereum, hoping to borrow Ethereum for trading to seize the opportunity to earn a difference in the market .****

If the borrowing of Ethereum plus the leverage provided by the major exchanges, the space generated by the market will be magnified by the leverage.

Therefore, friends with many Ethereum in their hands can pay close attention to the changes in the liquidity of the Ethereum market after the beacon chain goes online, and seize the opportunity of Ethereum borrowing.