Do I need to be holding ETH to participate in staking?
Yes, in order to stake ETH you first need to deposit or buy ETH.
Can I unstake ETH at any time?
Yes, you can unstake ETH at any time.
For more information on how to unstake ETH, please check this article: How do I unstake / withdraw from staking?
How long do I need to wait after staking to begin earning rewards?
Rewards are earned after staking with the next reward cycle. The first rewards can be seen after 12-24 hours.
Can I turn off my auto-compound settings for ETH Staking?
Yes, auto-compound can be tuned on/off in your Staking settings.
What is csETH?
A csETH (Bake-staked ETH) is a DeFiChain Standard Token that represents ETH locked up in the Staking nodes, including a user’s right to redeem staked ETH on Bake. The csETH-ETH liquidity pool facilitates the withdrawal or sale of staked ETH on the DeFiChain DEX.
csETH was used by Bake to provide an option of exiting ETH Staking prior the Shanghai/Shapella upgrade.
Users are still able to deposit csETH into their Bake account. Those deposited csETH will be shown as staked ETH.
For more information about Staking, please check our other Staking FAQs.