Take this self-assessment to arrive at a staking solution through a series of questions.
It can be overwhelming figuring out which staking method is best for you. This self-assessment will help you arrive at a solution through a series of questions.
Ideally new stakers are as independent and decentralized as possible. Strive for solo staking as the gold standard and to enjoy the widest set of known incentives.
Do you have your own self-custody wallet?
Some examples of a self-custody wallet (also referred to as a non-custodial wallet) are Metamask, Ledger, Argent, Trezor, Tally, Rainbow, Lattice, and Coinbase Wallet (different than the exchange).
Yes
No
Looks like staking on a CEX is the only option for you at the moment. Check out the linked options and make sure you understand the risks (potential loss of funds).
If you change your mind about creating a wallet we recommend leveling up with a decentralized staking pool.
You can learn about wallets, how to use them, and different options here: https://ethereum.org/en/wallets/
Looks like using a decentralized staking pool is best for you. Check out the linked options and make sure you understand the benefits and drawbacks of each before making a decision.
If you acquire 8 ETH or more we recommend leveling up to a pool node operator.
Do you have internet with at least 1 TB bandwidth per month?
Itβs okay if the service is spotty, 100% uptime is not needed.
Yes
No
Looks like staking as a Rocket Pool node operator using Allnodes hosting is best for you.
If you gain internet, we recommend leveling up to operating your own node as a staking pool node operator.
Looks like hosted solo staking is best for you. Check out the linked options and make sure you understand the benefits and drawbacks of each before making a decision.
If you gain internet, we recommend leveling up to operating your own node as a solo staker.
Are you comfortable following a guide that may require some simple copy-paste in command line?
Donβt be afraid of the command line, the guides take you step-by-step and show you each command to copy and paste.
Yes
No
Are you comfortable following a guide that may require some simple copy-paste in command line?
Donβt be afraid of the command line, the guides take you step-by-step and show you each command to copy and paste.
Yes
No
Looks like being a staking pool node operator is best for you.
If you acquire 32 ETH or more we recommend leveling up to solo staking.
Looks like solo staking via manual setup is best for you. Thank you for helping secure the network in the best way possible!
Looks like solo staking via the plug & play setup or manually using a GUI is best for you. Thank you for helping secure the network in the best way possible!
Your feedback has been submitted, thank you!