Validator types that you can use to stake asset on Coinbase Prime:
Coinbase Custody public validator, Coinbase Cloud public validator, and Coinbase Cloud dedicated validator: See ETH guide for details.
Ability to stake to multiple validator addresses: Not applicable - each increment of 32 ETH is staked to a different validator but you can’t choose your validator.
Ability to change validator without unbonding and restaking: No
Active set minimum requirement: 32 ETH
Delegation minimum requirement: Not applicable, see ETH guide for details.
Staking maximum: 3200 ETH per wallet
Estimated rewards rate: 4.12% - Rewards rates vary - visit https://www.stakingrewards.com/cryptoassets* for current estimated reward rates
Estimated reward payout: Era | 24 hours - rewards may not settle in specified account for an additional duration depending on network conditions and batching rewards
Delegator reward compound: Not applicable
*Third-party website provided for information only. Coinbase hasn't verified and doesn't guarantee the accuracy of information, including minimum requirements, staking maximums, and reward rates, provided on www.stakingrewards.com
Unbonding period: To be determined by the network
Slashing coverage available when using:
Coinbase Custody public validator: Not applicable - unable to delegate to this validator
Coinbase Cloud public validator: No
Coinbase Cloud dedicated validator: No
Ability to stake when using the following entity:
Coinbase Custody Trust Company, LLC: Yes
Coinbase Custody International, Ltd.: Yes
Can stake using entity: Coinbase Germany GmBH: Yes
Ability to unstake assets: No, not enabled by the network
Ability to change staking amounts: Yes, but you have manually re-stake new rewards (post-merge) and additional deposits in increments of 32 ETH
Ability to add new principal funds to a staked wallet: No
Partial amounts allowed: Yes, only in multiples of 32
Fees charged when using the following validator types:
Coinbase Custody public validator: Not applicable - unable to delegate to this validator
Coinbase Cloud public validator: 10% Charged by Coinbase Prime. Note:validation services are diversified across multiple high-quality validator providers including Coinbase Cloud
Coinbase Cloud dedicated validator: Subscription, participatory, and service fee vary. Reach out to your Account Manager or Prime Operations team for more information
Consensus requirements: General consensus approvals required for all staking activities
Related articles and sources:
At this time, any ETH you have staked including accrued staking rewards will remain locked without the ability to withdraw. Withdrawals are planned for the Shanghai upgrade, the next major upgrade of the Ethereum network following The Merge which will occur sometime in 2023.
If you would like to obtain liquidity on your staked ETH sooner, we now offer the ability to sell or transfer your staked ETH by first converting it to cbETH. Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents your staked ETH or ETH2.
You can now wrap ETH2 to cbETH to sell or use it in DeFi applications. There are zero fees for wrapping to cbETH and you continue to earn staking rewards so long as you hold the token. To learn more about cbETH, visit cbETH intro.
