Overview
- The initial 2,016 ETH deposit starts a phased rollout that could scale to roughly 70,000 ETH, worth about $140 million at recent prices.
- Validator operations use Bitwise Onchain Solutions’ open-source Dirk and Vouch tooling while the foundation continues running its own validators.
- The staking program is designed to generate recurring yields to support research, grants, and infrastructure instead of relying on periodic ETH sales.
- About 37.6 million ETH—roughly 30% of supply—is now staked across more than 1.17 million validators, underscoring staking’s central role on Ethereum.
- Stake remains concentrated, with Lido near a 22.9% share and major exchanges such as Binance and Coinbase among the largest operators.