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Ether Holders Embrace Near Month-Long Wait for Staking ETH

Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday.

There's a one-month wait before ether holders can stake their tokens on the network. (Markus Winkler/Unsplash, modified by CoinDesk)
There's a one-month wait before ether holders can stake their tokens on the network. (Markus Winkler/Unsplash, modified by CoinDesk)