I am sure that many have their Ethereum in staking. I've already talked about staking in this article: Complete Guide To Ethereum 2.0 Staking: Full Node Or Staking Pool?
If you have chosen to become validators (32 ETH), they will remain blocked for a long time. On some platforms (among all Binance) the bETH token is being received. This token is collateralized 1:1 with ETH.
Right now it can be traded on Binance, Huobi, OKEx.
When I withdraw my ETH from staking I will really need bETH. However, as some may have noticed, the value of bETH is always less than that of ETH. Why? It's simply...the market that makes the price.
However, I point out an interesting possibility, bETH it is possible to stake it on Beefy Finance (receiving an APY of about 30,90%). Surely this is an interesting possibility to derive advantages from a double staking: ETH on BINANCE and bETH on Beefy Finance.
Basically it is a Yield Farming Optimizer platform for the Binance Smart Chain (Bep20) therefore similar to Yearn Finance (YFI) and Harvest Finance.
The platform chooses for us the best vaults that allow us to have very high compound interests (even over 300%). If you don't know how to use/buy bep20 tokens, I recommend this article: How to Swap Token Bep2 To Bep20: Binance Smart Chain (Yield Farming)
