Shapella came and went, but it left me with the opportunity to unstake my ETH with Gemini. I think it was money I had religiously stacked whenever I secured a referral. Hence, it wasn’t a lot of money. Still, since my money in Gemini Earn went up in ashes, I kinda half-expected my staked ETH to vanish from my account too. So, I was pleasantly surprised when I saw that my ETH was among the approximately 1.1 ETH tokens available for withdrawals after the Shapella upgrade.

I could stake my ETH again but I just went ahead and unstaked it. I read that only about 29% of all ETH staked by volume is currently in profit in US dollar terms, which means that my staked ETH belongs to the minority that has churned out profit. I decided to count my blessings and unstaked it. 

I then checked the price of ETH. What?! Pushing past $2000?! That sealed the deal. I’m just gonna sell it and transfer the cash to my government-endorsed, tax-deductible investment account. No one ever died taking profits! 

However, it seems that staked ETH will no longer be locked up on the Ethereum blockchain after the upgrade, so it’s likely that investors would be more willing to stake coins. This is especially so since Lido Finance and Rocket Pool have soared to US$2 billion and US$875 million this year. Which demonstrates how people are cautiously optimistic about the market potential of ETH and are willing to stake their ETH for perceived rewards. Are you one of them? 

Guess I need to work my butt off again to get more moons from r/cryptocurrency so that I can convert them to ETH and stake it on the blockchain. Or write more quality articles on Publish0x, haha. But today, I feel good about seizing the moment and earning a little bit of beer money for my retirement fund!