Hello Hodlers!
Finally here we are! The deposit contract that receives ETH Validators' deposits has exceeded the threshold of 524,288 Ethereum required to lauch the Proof Of Stake mainnet. The threshold was reached on November 24th at 2am UTC, acccording to https://launchpad.ethereum.org/ .
This means that Ethereum 2.0 will see the light on December 1st, the day the Beacon Chain will be launched.
Currently 644,960 ETH have been deposited and are ready to be staked. As you can see in the image below, the yields of staking on Ethereum network will vary depending on the Total Ethereum Staked in the network. If the number of Eth deposited remains at the current threshold of 650,000ETH, the validators will receive a return of 19.4% Annul Percentage Rate (APR).
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