Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after Bitcoin (BTC).

Ethereum is also the largest and most well-established, open-ended decentralized software platform on Earth, with a current market cap of 21 billion dollars.

Complete with its own programming language, Ethereum enables the deployment of smart contracts and decentralized applications (dapps) to be built and run without any downtime, fraud, control or interference from a third party.

 

 These “Smart Contracts” are simply computer code that can facilitate the exchange of money, content, property, shares, or anything of value and execute exactly as programmed without any possibility of censorship, downtime, fraud or third-party interference.

 We only support non-custodial delegation, so we have no control over your assets. In practice, you are locking your tokens on a smart contract which grants us only working right, and no transfer right. In other words, your assets remain yours at all times.

Stake Any Amount You Wish

• If you stake with DEFI Nine, you can participate with any amount you wish. Ethereum 2 only supports stakes with exactly 32 ETH2, but with us there is no minimum requirement for you. We handle the technical operations, maintaining the highest possible security standards.

Conversion and Calculation of Predicted Rewards

• You will be able to deposit the amount of ETH you would like to stake in your DEFI Nine staking account. We will subsequently perform the technical placement of your ETH in the deposit smart contract, thus converting your ETH to ETH2. The conversion will be done without us charging you any fee.

Technical Setup and Maintenance

• During the early development of Ethereum 2, it is assumed that Ethereum will do several changes in the protocol, so-called hard forks.
• To ensure the highest uptime, we will secure and monitor the deposited stakes, and regularly perform necessary updates to the staking software. Each server will contain automatic monitoring functions to trigger alerts to our operational staff.

Re-Staking of Funds

• When ETH2 become transferable on Ethereum 2, you will be able to reinvest your staking rewards at DEFI Nine.

• Our optimization of staking allocations enables this type of reinvesting, meaning that the sum of the rewards resulting from your stake plus your original staking amount will be re-staked on a frequent basis. Over time this will earn you more ETH2 than if you did not do re-staking.

Our Fees

• You will retain 85% of the earnings from the incoming rewards. DEFI Nine will use the remaining part to cover costs associated with the infrastructure setup, protocol upgrades, maintenance, and servers.

When we see the new market for ETH2 reaching sufficient maturity, we plan to offer the possibility to pledge your ETH2-stake as collateral for a loan, thus offering you the opportunity to earn rewards from staking while at the same time providing you with fiat liquidity.

The crypto assets pledged as collateral are stored in our hyper-secure DEFI Nine Vault.