Golem ETH Staking Tests

Golem Network has moved a non-trivial but small portion of its reserves to initiate ETH staking tests to support our project's future growth and development.

We intend to stake part of our ETH reserves to generate yield that will be used for operational activities, ecosystem development & building awareness of the possibilities enabled by Golem Network's decentralized computing platform.

To show our support for Ethereum’s decentralization efforts, we are planning to solo stake. This move aims to enhance the overall health and sustainability of both the Golem Network and the broader Ethereum ecosystem. 

Benefits of ETH Staking:

  1. Boosting Golem Ecosystem Development: Yield from staking will be allocated to support Golem Network development and its ecosystem growth.
  2. Supporting Ethereum Decentralization: By engaging in solo staking, we help reduce the dominance of large staking entities, fostering a more decentralized network.
  3. Enhancing Ethereum Network Resilience: Staking will contribute to Ethereum validator clients’ diversity within the Ethereum network, promoting a healthier and more resilient ecosystem.

We will keep you informed as we progress with our ETH staking initiative. 

Golem Team