Institutional Ethereum Staking with P2P
Stake ETH on our institutional level platform and earn rewards for supporting Ethereum decentralisation
Non custodial
Secure
Profitable
They staked with us
Stake to maximize profit
Our APR is on average above the market
P2P APR
Market APR
5,6%
5,4%
Top validator performance
100% slashing protection
No missed blocks
Due to backups for each validator component spread across 5 separate European locations and client software diversity (Prysm, Teku, Lighthouse)
We have never been slashed, despite this we provide slashing coverage options by default for all clients, and slashing insurance if you need it
We consider the zero missed blocks to be essential and are proud of our SLA-based refund reward policy
Source: Ethereum blockchain data, APR calculated as the sum of validation and block rewards for performing validator duties from Ethereum blockchain divided by the effective validator’s balance.
Source: Ethereum blockchain data, APR calculated as the sum of validation and block rewards for performing validator duties from Ethereum blockchain divided by the effective validator’s balance.
Stake with minimum risks at all stages
You define staking parameters: addresses for withdrawal and rewards, the staking amount in ETH
P2P runs validators with cryptographically protected keys
For Ethereum staking, it is necessary to provide the following:
- address for withdrawal
- address for receiving rewards
- ETH amount to stake
We launch validators that will participate in securing the Beacon Chain and execute "duties" and get rewarded for this by the new issuance of ETH. The private keys of these validators are protected by advanced cryptography (threshold) so that no one outside or inside P2P has access to client's ETH
You stake on many validators in one transaction
By design, Ethereum requires one staking transaction per 32 ETH. Our audited depositor smart contract allows you to activate up to 100 validators with a single transaction. This simplifies and reduces the cost of staking and minimizes the risk of human error
P2P maintains validators with top performance
We utilize back-up servers to ensure a 24 hour uptime. These backups include not only validator components but also software client diversity (Prysm, Teku, Lighthouse)
You get rewards for block proposing right away
Rewards for attestations (60%) accumulate in the Beacon Chain smart contract and can be withdrawn after the Shanghai upgrade. Transaction fees (40%) appear with every block created by your validator and are automatically delivered to you through our immutable audited smart contract
1 hour
1 step
2 step
24 hour
time to activation
3 step
Maximum staking protection
Default slashing coverage
80% Slashing coverage
100% Slashing coverage
For clients staked 320+ ETH, if a slashing event occurs, we cover slashed amounts from our fund limited by 12 months of P2P-related service fee.
Insurance covers 80% of slashing incidents with a higher limit ($3.5M).
Insurance covers 100% of slashing incidents with no limits.
We have 0 slashing events recorded, 5 technical levels of slashing protection and customized slashing coverage options:
Cost: +5 pp. validator fee
Cost: 1 pp. APR
Advanced staking dashboard
You will get a personal advanced staking dashboard for tracking rewards and your validator’s performance.
It contains an overview and deep analysis of your rewards, APR, MEV, attestation rate, missed blocks, comparison with the market etc.
You can explore your validator performance with self-explanatory charts or download raw data in CSV format.
It contains an overview and deep analysis of your rewards, APR, MEV, attestation rate, missed blocks, comparison with the market etc.
You can explore your validator performance with self-explanatory charts or download raw data in CSV format.
Staking guide
Ethereum (ETH) Staking guide
One of the most significant changes that Ethereum is undergoing now is the introduction of Ethereum 2.0, which implies a switch from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) protocol. This upgrade is aimed...
23 JANUARY 2023
F.A.Q.
What is Ethereum staking?
Ethereum uses “Proof-of-stake” (PoS) as a consensus mechanism, where validator’s responsible for reaching a consensus on adding new transaction blocks to the blockchain. The network rewards validators for honest work or punishes them with penalties for bad performance. Anyone can take part in this consensus mechanism, all you have to do is run a validator (or ask to run it staking-as-a-service provider like P2P.org) and deposit 32 ETH to a special smart-contract to activate your validator. This act is called staking.
No, if you work with P2P, providing solely non-custodial services, you do not need to go through KYC because your assets do not get to our account and are sent directly to the Ethereum network.
You don’t need any Ethereum to run a node. However, you need to stake 32 ETH x [amount of validators] to activate validators and start getting rewards.
Withdrawal address is your Ethereum address for unstake and receiving rewards. This address is specified once and nobody can change it after the staking deposit is sent, because the network cements the association of a particular validator and withdrawal address. So you must keep access to the private key for this withdrawal address to unstake (seed phrase). Important that P2P is not a custodian and has no exposure to the client’s withdrawal private key. P2P will never ask you, under any circumstance, at any time for the revelation of your withdrawal key.
Validator key is a private key for maintaining the validator’s work (setting up validators, updating software etc.). P2P owns the validator keys and guarantees the highest standards for protecting these keys from being compromised, breached, or otherwise misused. This is accomplished through Threshold signatures, which are the gold standard for internal/external security threats. This solution is used by leading custodians, crypto banks, and Multi-Party Computation solutions.
Yes, you can stake ETH with Ledger (via native connection) or Trezor (via metamask).
Ethereum rewards are comprised of 2 parts associated with performing validation duties and block creation.
1. Validation rewards are taken by performing such validator’s duties as an attestation for a block created by another validator, attestation for a block in sync committee, creating a block. Validation rewards are accrued every 6.4 min and account for ±70% of the total rewards. Currently, these rewards aren’t withdrawable, but after the Shanghai update it would be possible to do:
• Full withdrawal all your deposit + rewards and deactivating validator
• Partial withdrawal when all ETH over 32 will be moved to the withdrawal address periodically
2. Block rewards (priority transaction fees + an additional fee from MEV) are accrued with block creation as a payment from transactions to the validator for including them in the block. It appears once per 62 days on average and accounts for ±40% of the total rewards. (note, that MEV-boost isn’t a separate type of reward but is a technique to build a block that will yield a maximum fee). Transaction fees accumulate on fee divider p2p smart-contract, then rewards are automatically delivered to the client monthly after the P2P service fee has been taken.
1. Validation rewards are taken by performing such validator’s duties as an attestation for a block created by another validator, attestation for a block in sync committee, creating a block. Validation rewards are accrued every 6.4 min and account for ±70% of the total rewards. Currently, these rewards aren’t withdrawable, but after the Shanghai update it would be possible to do:
• Full withdrawal all your deposit + rewards and deactivating validator
• Partial withdrawal when all ETH over 32 will be moved to the withdrawal address periodically
2. Block rewards (priority transaction fees + an additional fee from MEV) are accrued with block creation as a payment from transactions to the validator for including them in the block. It appears once per 62 days on average and accounts for ±40% of the total rewards. (note, that MEV-boost isn’t a separate type of reward but is a technique to build a block that will yield a maximum fee). Transaction fees accumulate on fee divider p2p smart-contract, then rewards are automatically delivered to the client monthly after the P2P service fee has been taken.
No, your ETH is locked in the Ethereum smart-contract.
P2P takes its service fee from the execution layer rewards. By default a special immutable smart contract is used to automatically split rewards between user and P2P by previously agreed rules. Other invoicing strategies can be employed by prior agreement.
Unstaking will be available after Shanghai upgrade, which is planed for March 2023. The ustaking time is projected to be 2-3 days depending on the number of validators wanted to exit and this process consists of four steps:
There will be unstaking page, where you should autorize with your withrawal address and click unstake button.
P2P sends validator voluntary exit message to Ethereum network, and your validators get into the exit queue. Validator stops participation in block attestation and creation (and stops getting rewards and penalties). The exit takes 16-24h, but right after Shanghai, this queue may be much longer.
After exit validator waits 27 hours because the network wants to ensure you haven't been slashed.
Finally, you get into the second queue (the last one!). This time validator is totally deleted from the network and returns its ETH with consensus layer rewards. It takes 16-24h.
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Slashing punishes for actions that are very difficult to do accidentally, and it’s very likely a sign of malicious intent. It’s a really rare event: only 5 slashed validators within the whole network for the last month (or 0.001%). https://beaconcha.in/validators/slashings
What is “slashable” behavior? In a nutshell, it’s a violation of consensus rules in network. Now it’s a three conditions: proposal two conflicting blocks at the same time, double vote attestation and surround attestaton. It could be either a malicious specific action or misconfiguration (the most often it’s running two the same validators in network).
Slashing results in burning 1,0 ETH at once, and removing the validator from the network forever, which takes 36 days. During this time, the validator continues to work but can no longer participate in validation and block creation, getting a penalty of around 0.1 ETH in total.
Mostly, that’s all losses, but there is also an additional midpoint (Day 18) penalty that scales with the number of slashed validators, it’s called "correlation penalty”, which is currently theoretical, i.e., never encountered in mainnet, but we should understand it. This mechanism protects the network from large attacks. The math for calculation penalty is pretty complicated, but the summary is if there are only 1, 100, or even 1000 slashed validators within 36 days - it’s okay and penalty equals zero ETH. However, if the number of slashed validators increases to roughly 1.1% of all validators (currently 5.1k), this penalty becomes 1,0 ETH. And +1,0 ETH for every +1.1% slashed validators. So if 1/3 network is slashed, the penalty will nullify the whole stake (32 ETH).
What is “slashable” behavior? In a nutshell, it’s a violation of consensus rules in network. Now it’s a three conditions: proposal two conflicting blocks at the same time, double vote attestation and surround attestaton. It could be either a malicious specific action or misconfiguration (the most often it’s running two the same validators in network).
Slashing results in burning 1,0 ETH at once, and removing the validator from the network forever, which takes 36 days. During this time, the validator continues to work but can no longer participate in validation and block creation, getting a penalty of around 0.1 ETH in total.
Mostly, that’s all losses, but there is also an additional midpoint (Day 18) penalty that scales with the number of slashed validators, it’s called "correlation penalty”, which is currently theoretical, i.e., never encountered in mainnet, but we should understand it. This mechanism protects the network from large attacks. The math for calculation penalty is pretty complicated, but the summary is if there are only 1, 100, or even 1000 slashed validators within 36 days - it’s okay and penalty equals zero ETH. However, if the number of slashed validators increases to roughly 1.1% of all validators (currently 5.1k), this penalty becomes 1,0 ETH. And +1,0 ETH for every +1.1% slashed validators. So if 1/3 network is slashed, the penalty will nullify the whole stake (32 ETH).
There are a special mechanism in validators for preventing slashing conditions called slashing protection.This slashing protection is usually a database with a signing history, and the validator checks if the block can be signed. - in couple with monitoring and alerting it’s a default protection level. More. Additional protection levels depend on validator’s setup. P2P uses double-check with the separate database at the key-manager stage and secures validators key’s by Threshold (no single person, even a P2P engineer, can run a second validator, a quorum is required for that). And finally, institutional grade protection is slashing insurance, that seems the only way to be 100% protected.
If you stake with P2P you get your personal staking dashboard for tracking rewards and validator's performance (APR, staking balance, % of blocks created with MEV, attestation rate, missed block, comparison with the market etc.).
P2P direct staking infrastructure is located in Europe and distributed among 5 separate physical locations for protection from downtime.
P2P validators are downtime resistant because we have no single point of failure with back-ups of all critical infrastructure parts between 5 physical locations, including:
Signing infrastructure - 3 location-independent key managers with 2-of-3 threshold quorum for consensus (aka multi-sig)
Validator Node - we have reserve in a secure region ready to be activated within 1 min
Consensus layer nodes - our setup has top-3 consensus layer clients (Lighthouse, Prysm, Teku) at the same time for diversity and preventing outrages related to soft bugs in one client. It’s also increases availability for validator.
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P2P knows how to stake
Since 2017 P2P provides the excellent staking services.
Today, P2P serves hundreds of corporate and private clients from all over the world, providing everyone with a personalized and adaptable work environment on the 25 most valuable PoS networks.
Today, P2P serves hundreds of corporate and private clients from all over the world, providing everyone with a personalized and adaptable work environment on the 25 most valuable PoS networks.
Total staked assets
$1 097 922 017
Blockchain networks
25+
Globally distributed team of 150 employees and 75% engineers
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